Goldman Sachs Downgrades Boise Cascade Company (BCC) to Neutral
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Boise Cascade Company Reports 2016 Third Quarter Net Income of $10.0 Million on Sales of $1,067.2 Million
October 24, 2016 5:46 AM EDTFor Immediate Release: October 24, 2016
BOISE, Idaho - Boise Cascade Company (Boise Cascade or Company) (NYSE: BCC) today reported net income of $10.0 million, or $0.26 per share, on sales of $1,067.2 million for the third quarter ended September 30, 2016. Third quarter results included a $9.5 million pre-tax loss on the extinguishment of debt, or a $0.15 per share after-tax impact, as the Company refinanced its senior notes at a lower interest rate with an extended maturity.
Third Quarter 2016 Highlights
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