Mar 13, 2008. /Lesprom.com/. Verso Paper has reported its results for the 4Q and year ended December 31, 2007. Revenues of $445.8 million in 4Q 2007 compared to $408.0 million during the prior - year period. Revenues of $1,628.8 million for the year ended December 31, 2007, compared to $1,611.2 million for the comparable period in 2006. Operating income of $28.2 million in 4Q 2007 versus operating income of $21.8 million in the prior-year period. Operating income of $31.1 million for the year ended December 31, 2007, compared to operating income of $71.2 million for the comparable period in 2006. Net loss of ($0.2) million for the quarter versus a net loss of ($6.0) million in the prior - year period. Net loss of ($81.3) million for the year ended December 31, 2007, compared to net income of $8.9 million for the comparable period last year. Adjusted EBITDA of $182.2 million for the year ended December 31, 2007, versus $221.8 million during the prior year. “Our 4Q 2007 results reflect continued improvement and were above our seasonally strong 3Q. Coated prices were up more than 4% quarter over quarter as we continue to realize higher prices resulting from the two price increase announcements that were made previously. We expect this trend to continue as coated paper market conditions and our order backlogs remain strong resulting from significant capacity closures within the industry and favorable exchange rates. Revenues for the quarter were up over 9% versus last year driven by stronger volumes while prices were relatively comparable,” said Mike Jackson, President and CEO of Verso Paper.