---
schema_version: "secwatch.filing_event.v1"
accession: "0001504337-23-000025"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:42:23.907352+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper Q2 net income $30M ($1.75/diluted), beats prior year; reduces debt $25M

## Summary
- Net sales $525M (flat YoY); net income $30M ($1.75/diluted) vs $15M ($0.86) in Q2 2022.
- Adjusted EBITDA $71M, up 13% from $63M; margin improved to 13.6% from 12%.
- Reduced net debt by $25M from Q1; repurchased $8M of shares ($15M remaining under program).
- Consumer Products segment EBITDA jumped to $40M from $19M, driven by higher prices and lower input costs.
- Pulp and Paperboard EBITDA fell to $51M from $61M on planned downtime and lower volumes; prices up 6%.

## SEC filing metadata
- accession: 0001504337-23-000025
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000150433723000025/0001504337-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000150433723000025/clw-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504337-23-000025
- JSON: https://secwatch.observer/filing/0001504337-23-000025.json
- Plain text: https://secwatch.observer/filing/0001504337-23-000025.txt

## Key facts
- Earnings Releases
  Clearwater Paper Corp reported the second quarter ended June 30, 2023 results: revenue $525 million, net income $30 million, or $1.75 per diluted share, EPS $1.75 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $525 million
  - Net income: $30 million, or $1.75 per diluted share
  - EPS: $1.75 per diluted share
  - Result: reported results
  source text: tissue and bleached paperboard products, today reported financial results for the second quarter and six months ended June 30, 2023. SECOND QUARTER HIGHLIGHTS • Net sales of $525 million, slightly below the second quarter of last year • Net income of $30 million, or $1.75 per diluted share • Adjusted net income of $30 million, $11 million higher than the second
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441236/000150433723000025/0001504337-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.