Tredegar Corp. (TG) Reports Q4 Loss of $0.11/sh
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Tredegar Reports Fourth Quarter and Full Year 2022 Results
March 16, 2023 8:15 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Tredegar Corporation (NYSE:TG, also the Company or Tredegar) today reported fourth quarter and full year financial results for the period ended December 31, 2022.
Fourth quarter 2022 net income (loss) from continuing operations was $(3.9) million ($(0.11) per diluted share) compared to $21.4 million ($0.63 per diluted share) in the fourth quarter of 2021. Net income (loss) from ongoing operations, which excludes special items, was $0.5 million ($0.02 per diluted share) in the fourth quarter of 2022 compared to $6.2 million ($0.18 per diluted share) in the fourth quarter of 2021.
Full year 2022 net income (loss) from continuing operations was $28.4 million ($0.84 per diluted share) compared to $57.9 million... More
