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Schweitzer-Mauduit: 1Q Earnings Snapshot

ALPHARETTA, Ga. (AP) _ Schweitzer-Mauduit International Inc. (SWM) on Wednesday reported first-quarter earnings of $17.4 million.

On a per-share basis, the Alpharetta, Georgia-based company said it had net income of 56 cents. Earnings, adjusted for non-recurring costs, came to 68 cents per share.

The paper and reconstituted tobacco company posted revenue of $258 million in the period.

Schweitzer-Mauduit shares have increased 37% since the beginning of the year. The stock has dropped 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWM at https://www.zacks.com/ap/SWM