Intertape Polymer: Q1 Earnings Snapshot

·1 min read

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

The Associated Press