International Paper posted a GAAP loss from continuing operations of USD 12 million, swinging from a profit a year earlier, on net sales of USD 6 billion.
GAAP diluted EPS from continuing operations turned to a loss of USD 0.02.
Adjusted EBITDA (non-GAAP) from continuing operations fell to USD 587 million.
Cash provided by operating activities rose to USD 526 million, while free cash flow (non-GAAP) slipped to USD -7 million.
Targeted adjusted EBITDA (non-GAAP) from continuing operations of USD 780 million-USD 830 million for Q3, including a USD 85 million hit from the Pine Hill mill closure.
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