Jul 28, 2010. /Lesprom Network/. For the 3Q, ended June 30, 2010, RockTenn posted a profit of $47 million, or $1.14 a share, down from $88.4 million, or $2.23 a share, a year earlier. Revenue grew 9.7% to $771.9 million. Net sales of $771.9 million for the 3Q of fiscal 2010 increased $68.0 million compared to the 3Q of fiscal 2009, the company said in a statement received by Lesprom Network. Segment income was $101.4 million compared to $117.3 million in the prior year quarter excluding $32.7 million of alternative fuel tax credit, net of expenses in the prior year quarter. Gross margin fell to 22.8% from 31.7%. RockTenn Chairman and CEO James A. Rubright stated, “RockTenn’s adjusted earnings of $1.14 per share increased 63% over adjusted earnings of $0.70 per share in the March quarter on moderating recycled fiber and wood costs, strengthening customer demand and realization of previously announced price increases. Our mill backlogs continue to be very strong and the overall demand environment continues to improve, providing a basis for our optimism regarding earnings improvement through fiscal 2011.” Net cash provided by operating activities in the 3Q of fiscal 2010 was $100.3 million compared to $114.4 million in the prior year quarter primarily due to lower earnings and a smaller net decrease in operating assets and liabilities in the current year quarter compared to the prior year period. RockTenn manufactures paperboard, containerboard and consumer and corrugated packaging.