secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001504337-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Paper Q4 net loss from continuing ops $74M; total net income boosted by tissue sale gain
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- Net loss from continuing ops $74M ($4.41 diluted loss) vs net income $49M in 2023; total net income $196M includes $307M gain on tissue sale.
- Net sales from continuing ops $1.4B up 22% YoY on Augusta acquisition; paperboard prices down 12% to $1,210/ton for full year.
- Q4 Adjusted EBITDA from total ops $21M vs $63M last year; full year $182M vs $281M on lower pricing and higher maintenance.
- Plans to cut >10% of positions, targeting $30-40M cost savings in 2025.
- Completed sale of tissue business for $1.06B on Nov 1, 2024; reduced net debt by $199M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433725000003/0001504337-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433725000003/clw-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001504337-25-000003

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