Sylvamo quarterly results higher than guidance, cost reduction program announced

Memphis, tenn.--(business wire)---- $slvm #theworldspaperco--sylvamo (nyse: slvm), the world's paper company, is releasing third quarter 2023 earnings. financial highlights – third quarter vs. second quarter net income from continuing operations of $58 million ($1.37 per diluted share) vs. $49 million ($1.14 per diluted share) adjusted operating earnings1 (non-gaap) of $72 million ($1.70 per diluted share) vs. $49 million ($1.14 per diluted share) adjusted ebitda2 (non-gaap) of $158 million (18% margin) vs. $124 million (.
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