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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Earnings: Clearwater Paper

Pulp, paperboard and tissue manufacturer

STOCK SYMBOL: CLW
REPORTING PERIOD: 1Q
EARNINGS:

Profit of $3.7 million

16 cents per share

Versus 1Q 2011:

Profit of $5.6 million

24 cents per share

REVENUE: $457.8 million
ANALYSIS: Prices for the company’s tissue products increased during the first quarter, but sales of pulp and paperboard products were down. Part of the change reflected the company’s decision to use all of its pulp internally, said Gordon Jones, chairman and CEO.