ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Mativ Holdings, Inc. (MATV) on Wednesday reported profit of $157.7 million in its fourth quarter.
On a per-share basis, the Alpharetta, Georgia-based company said it had profit of $2.89. Earnings, adjusted to account for discontinued operations, came to 23 cents per share.
The paper and reconstituted tobacco company posted revenue of $452.3 million in the period.
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For the year, the company reported a loss of $309.5 million, or $5.69 per share. Revenue was reported as $2.03 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MATV at https://www.zacks.com/ap/MATV