O-I Glass' GAAP net income for 3 months of 2022 was $122 million, compared to a loss of $91 million in the previous year. Revenue increased 12.8% to $1.692 billion from $1.5 billion a year earlier.

O-I Glass' GAAP net income for 2021 was $172 million, down 34.8% from $264 million the previous year. Revenue increased 4.4% to $6.357 billion from $6.091 billion a year earlier.

O-I Glass is selling tableware manufacturer Cristar TableTop SAS for $95 million. The deal is scheduled to close in the first half of 2022. Cristar is one of the non-core assets that O-I Glass intends to sell by 2024. The company expects the non-core divestment program to bring in a total of $680 million, which will be used to reduce debt and fund new projec...

O-I Glass's GAAP net income for 9M 2021 was $106 million, down 2.6 times from $278 million in the prior year. Revenue increased 3.8% to $4.77 billion from $4.595 billion a year earlier.