VRS - Verso Corporation

NYSE - NYSE Delayed Price. Currency in USD
9.92
-0.31 (-3.03%)
At close: 4:02PM EDT
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Previous Close10.23
Open10.11
Bid9.92 x 800
Ask9.93 x 800
Day's Range9.61 - 10.14
52 Week Range9.61 - 34.60
Volume613,233
Avg. Volume301,750
Market Cap344.138M
Beta (3Y Monthly)1.71
PE Ratio (TTM)3.58
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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News
Press Releases
  • Verso Corporation Reports Second Quarter 2019 Financial Results
    PR Newswire

    Verso Corporation Reports Second Quarter 2019 Financial Results

    MIAMISBURG, Ohio , Aug. 8, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2019. Net sales of $602 million , down $42 million compared to second ...

  • Verso Announces Second Quarter 2019 Earnings Conference Call and Webcast
    PR Newswire

    Verso Announces Second Quarter 2019 Earnings Conference Call and Webcast

    MIAMISBURG, Ohio , July 31, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it will host a conference call and webcast for analysts and investors on Thursday, August 8, 2019 at ...

  • Verso Corporation Adopts Limited Duration Stockholder Rights Plan
    PR Newswire

    Verso Corporation Adopts Limited Duration Stockholder Rights Plan

    MIAMISBURG, Ohio, June 17, 2019 /PRNewswire/ -- Verso Corporation (VRS) ("Verso" or the "Company") today announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"), following the Board's evaluation and consultation with the Company's advisors, and has declared a dividend distribution of one right ("Right") for each outstanding share of common stock. The record date for such dividend distribution is June 27, 2019. Unless and until a triggering event occurs and these Rights become exercisable, the Rights will trade with the shares of the Company's common stock.

  • Verso Corporation Explores Strategic Alternatives And Approves Adoption Of Stockholder Rights Plan
    PR Newswire

    Verso Corporation Explores Strategic Alternatives And Approves Adoption Of Stockholder Rights Plan

    MIAMISBURG, Ohio, June 13, 2019 /PRNewswire/ -- Verso Corporation (VRS) ("Verso" or the "Company") today announced that its Board of Directors (the "Board"), had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company's financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including a possible merger, joint venture, partnership, business combination, stock repurchase, recapitalization, sale, distribution, transfer or other disposition or acquisition of assets or equity interests, while the Company conducts its search to identify and retain a permanent chief executive officer. Gene Davis, Co-Chairman of the Board added, "We are very pleased with the efforts of our interim Chief Executive Officer, Leslie Lederer, former chairman and interim president and CEO of Catalyst Paper, who, within a very short period of time, has provided invaluable direction, experience and expertise to the role.

  • ACCESSWIRE

    Verso Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 8, 2019 / Verso Corp. (NYSE: VRS ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 8, 2019 at 9:00 AM Eastern Time. To listen ...

  • Verso Corporation Reports First Quarter 2019 Financial Results
    PR Newswire

    Verso Corporation Reports First Quarter 2019 Financial Results

    MIAMISBURG, Ohio , May 8, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the first quarter of 2019. First Quarter 2019 Highlights : Net sales of $639 million , ...

  • Verso Announces Closure of Paper Mill in Luke, Maryland
    PR Newswire

    Verso Announces Closure of Paper Mill in Luke, Maryland

    MIAMISBURG, Ohio, April 30, 2019 /PRNewswire/ -- Verso Corporation (VRS) today announced it will permanently close its paper mill in Luke, Maryland, in response to the continuing decline in customer demand for the grades of coated freesheet paper produced at the mill, along with rising input costs, a significant influx of imports, and rising compliance costs and infrastructure challenges associated with recent environmental regulation changes. The closure, which is expected to be complete by June 30, will reduce Verso's coated freesheet production capacity by approximately 450,000 tons, reducing total annual paper production capacity to approximately 2.7 million tons. "It is unfortunate that we had to make the decision to close the Luke Mill, but the continuing decline in demand for the grades of paper manufactured there left us no choice but to close this facility that has struggled with profitability for a number of years," said Verso Interim Chief Executive Officer Leslie T. Lederer.

  • Verso Announces First Quarter 2019 Earnings Conference Call and Webcast
    PR Newswire

    Verso Announces First Quarter 2019 Earnings Conference Call and Webcast

    MIAMISBURG, Ohio, April 29, 2019 /PRNewswire/ -- Verso Corporation (VRS) today announced that it will host a conference call and webcast for analysts and investors on Wednesday, May 8, 2019 at 9 a.m. (EDT) to discuss first quarter 2019 financial results. Analysts and investors may access the live conference call only by dialing 888-317-6003 (U.S. toll-free), 866-284-3684 (Canada toll-free) or 412-317-6061 (international) and referencing elite entry number 9791708 and Verso Corporation. To register, please dial in 10 minutes before the conference call begins.

  • Verso Corporation Announces Executive Leadership Change
    PR Newswire

    Verso Corporation Announces Executive Leadership Change

    MIAMISBURG, Ohio, April 11, 2019 /PRNewswire/ -- Verso Corporation (VRS) today announced that B. Christopher DiSantis has stepped down as President and Chief Executive Officer and member of the Verso Corporation board of directors effective as of April 5, 2019.  Leslie Lederer, former chairman, interim president and CEO of Catalyst Paper Company, has been named as interim Chief Executive Officer as of April 5 in order to ensure a smooth transition until such time as a permanent CEO has been identified and retained.  Verso's board of directors intends to undertake a robust succession process to find a successor for DiSantis, including a search process that will include internal and external candidates.

  • GlobeNewswire

    Glancy Prongay & Murray LLP Continues Investigation on Behalf of Verso Corporation Investors (VRS)

    LOS ANGELES, Feb. 28, 2019 -- Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of Verso Corporation (NYSE: VRS) investors concerning the Company.

  • Verso Corporation Reports Fourth Quarter and Full Year 2018 Financial Results
    PR Newswire

    Verso Corporation Reports Fourth Quarter and Full Year 2018 Financial Results

    MIAMISBURG, Ohio , Feb. 28, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the fourth quarter and full year of 2018. Fourth Quarter 2018 Highlights : Net sales ...

  • Verso Announces Fourth Quarter and Full Year 2018 Earnings Conference Call and Webcast
    PR Newswire

    Verso Announces Fourth Quarter and Full Year 2018 Earnings Conference Call and Webcast

    MIAMISBURG, Ohio , Feb. 21, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it will host a conference call and webcast for analysts and investors on Thursday, February 28, 2019 ...

  • Verso Corporation Reports Third Quarter 2018 Financial Results
    PR Newswire

    Verso Corporation Reports Third Quarter 2018 Financial Results

    MIAMISBURG, Ohio , Nov. 7, 2018 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the third quarter of 2018. Third Quarter 2018 Highlights : Net income of $86 million or ...

  • Verso Announces Third Quarter 2018 Earnings Conference Call and Webcast
    PR Newswire

    Verso Announces Third Quarter 2018 Earnings Conference Call and Webcast

    MIAMISBURG, Ohio , Oct. 30, 2018 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it will host a conference call and webcast for analysts and investors on Wednesday, November 7, 2018 ...

  • Verso Showcases Sterling® Premium in New Printed Promotion
    PR Newswire

    Verso Showcases Sterling® Premium in New Printed Promotion

    Sterling® Premium. ELEVATE YOUR IMPACT. MIAMISBURG, Ohio , Sept. 25, 2018 /PRNewswire/ -- Verso Corporation (NYSE: VRS) continues to celebrate the power of print in its latest promotion titled Sterling ...

  • Verso to Launch New Specialty Label Papers at Labelexpo Americas 2018
    PR Newswire

    Verso to Launch New Specialty Label Papers at Labelexpo Americas 2018

    MIAMISBURG, Ohio , Sept. 18, 2018 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced the launch of three new label papers, OptiLabel™ HB, OptiLitho™ C1S and OptiPrime™ Inkjet WS, further expanding ...

  • Verso Announces Full Repayment of Term Loan
    PR Newswire

    Verso Announces Full Repayment of Term Loan

    MIAMISBURG, Ohio , Sept. 14, 2018 /PRNewswire/ -- Verso Corporation (NYSE: VRS) is pleased to announce that as of September 10, 2018 , it has paid in full its senior secured term loan facility. The original ...

  • Verso Corporation Comments on ISS Report
    PR Newswire

    Verso Corporation Comments on ISS Report

    MIAMISBURG, Ohio, Sept. 12, 2018 /PRNewswire/ -- Verso Corporation (VRS) today issued the following statement in response to a September 4, 2018, report issued by Institutional Shareholder Services (ISS) relating to the election of directors at Verso's 2018 Annual Meeting of Stockholders. ISS's recommendation ignores Verso's transformative success and significant stockholder value creation following emergence from Chapter 11 on July 15, 2016, as well as the roles that each of Messrs.