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Veritiv: Q1 Earnings Snapshot

ATLANTA (AP) _ Veritiv Corp. (VRTV) on Wednesday reported first-quarter net income of $21.3 million, after reporting a loss in the same period a year earlier...

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ATLANTA (AP) _ Veritiv Corp. (VRTV) on Wednesday reported first-quarter net income of $21.3 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Atlanta-based company said it had net income of $1.28.

The distributor of packaging and printing supplies posted revenue of $1.56 billion in the period.

Veritiv shares have more than doubled since the beginning of the year. The stock has climbed fivefold in the last 12 months.

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

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