Pactiv Evergreen Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,252 million compared to USD 1,431 million a year ago. Revenue was USD 1,252 million compared to USD 1,431 million a year ago.

Net income was USD 9 million compared to net loss of USD 134 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.76 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 0.76 a year ago.