- Adjusted loss from continuing operations of $16.3M vs. $19.4M in the same quarter a year ago.
- Financial results continued to be negatively affected by poor Oriented Strand Board (OSB) pricing and less demand than anticipated due to anemic housing recovery.
- Revenue by segment: Oriented Strand Board -5%; Siding +10%; Engineered Wood Products +13.9%; South America -14.3%.
- Cash and cash equivalents were $580M as of September 30, 2014.
- The company's Board of Directors authorized the repurchase up to $100M of common stock. The purchases will be made from time to time as market conditions warrant and subject to regulatory considerations.
- Q3 results