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Intertape Polymer: Q1 Earnings Snapshot
by The Associated Press
Last Updated May 12, 2021 at 7:44 am EDT
VILLE ST LAURENT, Quebec (AP) Intertape Polymer Group Inc. (ITPOF) on Wednesday reported first-quarter net income of $19.1 million.
On a per-share basis, the Ville St Laurent, Quebec-based company said it had profit of 32 cents. Earnings, adjusted for non-recurring costs, came to 48 cents per share.
The packaging company posted revenue of $345.6 million in the period.
Intertape Polymer shares have risen 32% since the beginning of the year. The stock has more than doubled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITPOF at https://www.zacks.com/ap/ITPOF