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Verso Corp (VRS)

Verso Corp (VRS)
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Verso Corporation makes printing papers used primarily in commercial printing, media and marketing applications, including magazines, catalogs, books, direct mail, corporate collateral and retail inserts. Their specialty papers are used primarily in label and converting, flexible packaging and technical paper applications. They also produce market kraft pulp, which is used to manufacture printing and writing paper grades and tissue products. Verso is headquartered in Miamisburg, Ohio, with a Technical Center in Biron, Wisconsin; seven paper mills in Maine, Maryland, Michigan, Minnesota and Wisconsin; and more than 30 distribution centers and warehouses strategically located across the country.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2021 Sep, 2021 Jun, 2021 Mar, 2021 Dec, 2020
Sales 328,000 339,000 329,000 282,000 314,000
Sales Growth -3.24% +3.04% +16.67% -10.19% +2.61%
Net Income 13,000 58,000 16,000 -90,000 -90,000
Net Income Growth -77.59% +262.50% +117.78% unch -190.32%
(Values in U.S. Thousands) Dec, 2021 Sep, 2021 Jun, 2021 Mar, 2021 Dec, 2020
Total Assets 1,055,000 1,134,000 1,075,000 1,127,000 1,245,000
Total Assets Growth -6.97% +5.49% -4.61% -9.48% -9.91%
Total Liabilities 356,000 551,000 536,000 545,000 561,000
Total Liabilities Growth -35.39% +2.80% -1.65% -2.85% -14.35%
(Values in U.S. Thousands) Dec, 2021 Sep, 2021 Jun, 2021 Mar, 2021 Dec, 2020
Operating Cash Flow 180,000 133,000 54,000 -1,000 -62,000
Operating Cash Flow Growth +35.34% +146.30% +5,500.00% +98.39% +51.94%
Net Cash Flow 35,000 29,000 -20,000 -19,000 95,000
Change in Net Cash Flow +20.69% +245.00% -5.26% -120.00% +206.45%
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