Intertape Polymer: 2Q Earnings Snapshot
VILLE ST LAURENT, Quebec (AP) _ Intertape Polymer Group Inc. (ITPOF) on Thursday reported second-quarter net income of $6.5 million.
The Ville St Laurent, Quebec-based company said it had net income of 11 cents per share. Earnings, adjusted for one-time gains and costs, were 25 cents per share.
The packaging company posted revenue of $295.6 million in the period.
Intertape Polymer expects full-year revenue in the range of $1.18 billion to $1.22 billion.
Intertape Polymer shares have climbed slightly more than 8% since the beginning of the year. The stock has dropped 1% in the last 12 months.