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Tredegar Q3 Profit Plunges
(RTTNews) - Industrial manufacturer Tredegar Corp. (TG) reported Wednesday that net income for the third-quarter plunged to $1.03 million or $0.03 per share from $6.20 million or $0.19 per share in the prior-year quarter.
Excluding items, adjusted net income from ongoing operations were $0.14 per share, compared to $0.22 per share in the year-ago quarter.
Total sales for the quarter grew to $238.49 million from $209.52 million in the same quarter last year.
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