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Net Income of $2.5 Million Diluted Earnings Per Share of $0.16
Jump to full article: PR Newswire, 2008-01-31
Author: SOURCE Schweitzer-Mauduit International, Inc.
Intro: Schweitzer-Mauduit International, Inc. (NYSE: SWM) today reported
fourth quarter 2007 net income of $2.5 million compared with a net loss of
$4.4 million during the fourth quarter of 2006. The diluted earnings per
share were $0.16 compared with a diluted loss per share of $0.28 in the
prior-year quarter. Restructuring expenses decreased earnings per share
during the fourth quarter of 2006 by $0.20. Excluding restructuring
expenses, earnings per share of $0.16 for the fourth quarter of 2007
improved relative to the diluted loss per share of $0.08 for the fourth
quarter of 2006.
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