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SWM » Topics » Net Income (Loss) and Income (Loss) per Share

This excerpt taken from the SWM 10-Q filed May 7, 2008.

Net Income (Loss) and Income (Loss) per Share

 

Net income (loss) for the three month period ended March 31, 2008 was a loss of $1.2 million, or $0.08 per share, compared with a net income of $4.2 million, or $0.27 per share, during the prior-year quarter.  The net loss in 2008 was primarily due to inflationary cost increases, start-up costs incurred for the PdM paper machine, unfavorable foreign currency impacts and higher interest expense, partially offset by an improved mix of products sold, increased sales volumes and reduced minority interest.

 

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