Karat Packaging Q4 Earnings, Revenue Rise

MT Newswires Live

03/13

Karat Packaging (KRT) late Thursday reported a Q4 adjusted net income of $0.34 per diluted share, up from $0.29 a year earlier.

Analysts polled by FactSet expected $0.28.

Revenue for the quarter ended Dec. 31 was $115.62 million, compared with $101.65 million a year earlier.

Analysts expected $113.9 million.

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