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RICHMOND, Va. (AP) _ Tredegar Corp. (TG) on Friday reported first-quarter net income of $9 million, after reporting a loss in the same period a year earlier.
The Richmond, Virginia-based company said it had net income of 27 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 30 cents per share.
The plastic films maker posted revenue of $185.6 million in the period.
Tredegar shares have decreased 7.5% since the beginning of the year. The stock has climbed roughly 4% 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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