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Stock impact report

Matthews International Corp Reports Modest Sales Growth Amidst Challenges in Fiscal Q1 2024 [Yahoo! Finance]

Matthews International Corporation - Class A (MATW) 
Last matthews international corporation - class a earnings: 1/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: matw.com/investor
Company Research Source: Yahoo! Finance
Net Loss : Reported a net loss of $2.3 million compared to a net income of $3.7 million in the prior year. Adjusted EBITDA : Decreased to $45.5 million from $49.3 million year-over-year. Adjusted EPS : Fell to $0.37 from $0.53 in the same quarter last year. Energy Business : Sales below anticipated levels due to customer readiness and timing of equipment projects. Credit Facility Renewal : Company renewed a $750 million revolving credit facility in January 2024. Fiscal 2024 Outlook : Unchanged with expectations for growth in consolidated sales and adjusted EBITDA over fiscal 2023. Warning! GuruFocus has detected 5 Warning Signs with MATW. Matthews International Corp ( NASDAQ:MATW ) released its 8-K filing on February 1, 2024, disclosing the financial results for the first quarter of fiscal 2024. The company, a global provider of brand solutions, memorialization products, and industrial technologies, reported a marginal increase in consolidated sales to $450.0 million, u Show less Read more
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