Sylvamo first quarter results meet expectations, strong second quarter outlook reflects improving conditions

Memphis, tenn.--(business wire)---- $slvm #theworldspaperco--sylvamo (nyse: slvm), the world's paper company, is releasing first quarter 2024 earnings. financial highlights - first quarter vs. fourth quarter net income of $43 million ($1.02 per diluted share) vs. $49 million ($1.16 per diluted share) adjusted operating earnings1 of $45 million ($1.07 per diluted share) vs. $49 million ($1.16 per diluted share) adjusted ebitda2 of $118 million (13% margin) vs. $117 million (12% margin) cash provided by operating activities.
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