Orchids Paper Products Co. (fka TISUQ)

[FUNMAN]

This is what happens to the little guy when the big boys lower prices.

This is going to hurt.



Orchids Paper Products misses by $0.19, misses on revenue

May 1, 2017 5:43 AM
By: Mamta Mayani

* Orchids Paper Products (NYSEMKT:TIS): Q1 EPS of -$0.08 misses by $0.19.

* Revenue of $35.35M (-26.0% Y/Y) misses by $4.75M.




More on Orchids Paper Products' Q1

May 1, 2017 6:44 AM ET

By: Niloofer Shaikh

* Orchids Paper Products (NYSEMKT:TIS) reports net sales down 26% in Q1, primarily due to heavy promotional activity by brand-competitors and other competitive pressures.

* Converted product net sales declined 27.3% to $32.9M.

* Parent rolls net sales decreased 1.4% to $2.46M.

* Gross margin rate fell drastically from 23.8% year ago to 5.6%.

* Adjusted EBITDA margin also dropped to 8% vs. 24.5% in 1Q16.