Tredegar Corporation Reveals Fall In Q2 Bottom Line

(RTTNews) - Tredegar Corporation (TG) reported a profit for second quarter that Drops, from last year

The company's bottom line came in at $1.82 million, or $0.05 per share. This compares with $9.17 million, or $0.27 per share, last year.

Excluding items, Tredegar Corporation reported adjusted earnings of $1.8 million or $0.05 per share for the period.

The company's revenue for the period rose 16.4% to $179.11 million from $153.94 million last year.

Tredegar Corporation earnings at a glance (GAAP) :

-Earnings: $1.82 Mln. vs. $9.17 Mln. last year. -EPS: $0.05 vs. $0.27 last year. -Revenue: $179.11 Mln vs. $153.94 Mln last year.