Tredegar Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 178.17 million compared to USD 274.36 million a year ago. Revenue was USD 178.15 million compared to USD 275.71 million a year ago. Net loss was USD 18.92 million compared to net income of USD 14.87 million a year ago. Basic loss per share from continuing operations was USD 0.56 compared to basic earnings per share from continuing operations of USD 0.44 a year ago. Diluted loss per share from continuing operations was USD 0.56 compared to diluted earnings per share from continuing operations of USD 0.44 a year ago.
For the six months, sales was USD 369.29 million compared to USD 510.93 million a year ago. Revenue was USD 369.55 million compared to USD 511.97 million a year ago. Net loss was USD 19.93 million compared to net income of USD 31.29 million a year ago. Basic loss per share from continuing operations was USD 0.59 compared to basic earnings per share from continuing operations of USD 0.93 a year ago. Diluted loss per share from continuing operations was USD 0.59 compared to diluted earnings per share from continuing operations of USD 0.93 a year ago.