ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Mativ Holdings, Inc. (MATV) on Wednesday reported a loss of $28 million in its first quarter.

On a per-share basis, the Alpharetta, Georgia-based company said it had a loss of 52 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to 2 cents per share.

The paper and reconstituted tobacco company posted revenue of $500.2 million in the period.

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