Tredegar Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 191.12 million compared to USD 236.57 million a year ago. Revenue was USD 191.4 million compared to USD 236.26 million a year ago.

Net loss was USD 1.01 million compared to net income of USD 16.42 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.49 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.49 a year ago.