RICHMOND, Va. (AP) _ Tredegar Corp. (TG) on Wednesday reported third-quarter net income of $17.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Richmond, Virginia-based company said it had net income of 51 cents. Earnings, adjusted for non-recurring gains, were 34 cents per share.
The plastic films maker posted revenue of $253.9 million in the period.
Tredegar shares have increased 30% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.61, an increase of 4.5% in the last 12 months.