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Stockreport

Matthews International Reports Earnings for Fiscal 2018 First Quarter

MATTHEWS INTL (MATW)  More Company Research Source: GlobeNewswire
Last matthews intl earnings: 1/25 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: matw.com/investor
PDF · GAAP EARNINGS PER SHARE OF $1.10, COMPARED TO $0.32 LAST YEAR · NON-GAAP EARNINGS PER SHARE OF $0.64, COMPARED TO $0.66 LAST YEAR · CONSOLIDATED SALES INCREASE OF $20.5 MILLION, UP 5.9% · COMPANY RAISES EXPECTATIONS FOR FISCAL 2018 PITTSBURGH, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ:MATW) today announced financial results for the quarter ended December 31, 2017. Net income attributable to the Company for the quarter ended December 31, 2017 was $35.2 million, or $1.10 per share, compared to $10.3 million, or $0.32 per share, a year ago.  Significant items contributing to the increase in the Company’s GAAP earnings per share included the impact of recent acquisitions including continued acquisition synergy realization, a reduction in acquisition-related charges, and preliminary estimated benefits from recent U.S. Federal tax regulation changes.  On a non-GAAP adjusted basis, earnings for the fiscal 2018 first quarter were $0.64 per share (a [Read more]

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