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Stock impact report

MATSON, INC. ANNOUNCES FIRST QUARTER 2025 RESULTS [Yahoo! Finance]

Matson, Inc. (MATX) 
Last matson, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.matson.com/investor-relations
Company Research Source: Yahoo! Finance
1Q25 EBITDA of .7 million versus .8 million in 1Q24 Repurchased approximately 0.5 million shares in 1Q25 Updates full year outlook HONOLULU May 5, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $72.3 million , or per diluted share, for the quarter ended March 31 , 2025. Net income for the quarter ended March 31, 2024 was $36.1 million , or per diluted share. Consolidated revenue for the first quarter 2025 was $782.0 million compared with $722.1 million for the first quarter 2024. Matt Cox , Matson's Chairman and Chief Executive Officer, commented, "Our first quarter financial performance was as expected with significantly higher year-over-year consolidated operating income. The year-over-year increase was primarily driven by our China service, which benefitted from the carryover of elevated freight rates from the fourth quarter of 2024 combined with healthy freight demand followin Show less Read more
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