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Magnera Corporation Q1 Loss Decreases

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Magnera Corporation (MAGN) announced Loss for first quarter of -$34 million

The company's bottom line totaled -$34 million, or -$0.95 per share. This compares with -$60 million, or -$1.69 per share, last year.

The company's revenue for the period rose 12.8% to $792 million from $702 million last year.

Magnera Corporation earnings at a glance (GAAP) :

-Earnings: -$34 Mln. vs. -$60 Mln. last year.
-EPS: -$0.95 vs. -$1.69 last year.
-Revenue: $792 Mln vs. $702 Mln last year.

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