Tredegar Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 166.19 million compared to USD 238.49 million a year ago. Revenue was USD 166.14 million compared to USD 238.63 million a year ago. Net loss was USD 50.38 million compared to net income of USD 1.03 million a year ago. Basic loss per share from continuing operations was USD 1.47 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 1.47 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.
For the nine months, sales was USD 535.48 million compared to USD 749.42 million a year ago. Revenue was USD 535.69 million compared to USD 750.6 million a year ago. Net loss was USD 70.31 million compared to net income of USD 32.32 million a year ago. Basic loss per share from continuing operations was USD 2.06 compared to basic earnings per share from continuing operations of USD 0.96 a year ago. Diluted loss per share from continuing operations was USD 2.06 compared to diluted earnings per share from continuing operations of USD 0.96 a year ago.