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RICHMOND, Va. (AP) _ Tredegar Corp. (TG) on Monday reported a first-quarter loss of $22.3 million, after reporting a profit in the same period a year earlier.
The Richmond, Virginia-based company said it had a loss of 67 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 34 cents per share.
The plastic films maker posted revenue of $228.3 million in the period.
Tredegar shares have dropped 28% since the beginning of the year. The stock has decreased 7% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TG at https://www.zacks.com/ap/TG
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