Verso corporation reports first quarter 2020 financial results

Oration reports first quarter 2020 financial results.q1 sales $471 million.q1 earnings per share $1.52.operating results for q1 negatively impacted by unfavorable price/mix of $47 million.operating results for q1 negatively impacted by unfavorable impact of $13 million as a result of lower sales volume.q1 impacted by higher sg&a costs of $3 million primarily due to severance costs due to headcount cuts, proxy solicitation contest costs.
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