Verso Paper Reports Price Increases Produce Smaller Net Loss
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MEMPHIS, TN—May 09, 2011—Verso Paper reported financial results for the first quarter of 2011. Highlights of its results for the quarters ended March 31 include:
• Net sales increased 14.6 percent to $416.6 million in 2011 from $363.6 million in 2010.
• Operating income of $14.1 million in 2011 compared to an operating loss of $21.5 million in 2010.
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