|Day's Range||11.97 - 12.59|
|52 Week Range||10.75 - 34.09|
|PE Ratio (TTM)||19.01|
|Earnings Date||Apr 19, 2017 - Apr 24, 2017|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||19.33|
PRYOR, Okla. , July 11, 2017 /PRNewswire/ -- Orchids Paper Products Company (NYSE MKT: TIS) today announced that it will release second quarter 2017 financial results on Monday, August 7, 2017 after the ...
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PRYOR, Okla., July 5, 2017 /PRNewswire/ -- On June 30, 2017, Orchids Paper Products Company (NYSE MKT: TIS) (the "Company") entered into Amendment No. 5 (the "Credit Agreement Amendment") to its Second Amended and Restated Credit Agreement dated June 25, 2015 by and among the Company, U.S. Bank National Association ("U.S. Bank") and the other lenders party thereto (the "Credit Agreement"). The Credit Agreement Amendment, among other things, struck the fixed charge coverage for the period ended June 30, 2017, thereby also waiving a requirement for a Cash Reserve, as defined in the Credit Agreement, to be funded by that date. Additionally, the Company agreed not to make any dividend or other distribution payment with respect to its equity unless the Company has achieved a Leverage Ratio of less than 4.0:1.0 for two consecutive fiscal quarters and no Default or Event of Default (as defined in the Credit Agreement) exists or would exist following such payment.