Tredegar Swings To Profit In Q2

(RTTNews) - Industrial manufacturer Tredegar Corp. (TG) reported Wednesday net income for the second quarter was $8.79 million or $0.26 per share, compared to a net loss of $18.92 million or $0.56 per share in the prior-year quarter.

Excluding items, adjusted net income from ongoing operations were $0.30 per share, compared to adjusted net loss from ongoing operations of $0.06 per share in the year-ago quarter.

Total sales for the quarter increased to $190.24 million from $178.17 million in the same quarter last year.

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