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Matthews International: Fiscal Q4 Earnings Snapshot

Matthews International: Fiscal Q4 Earnings Snapshot

By AP News
Published - Nov 21, 2024, 04:33 PM ET
Last Updated - Dec 16, 2024, 05:15 PM EST

PITTSBURGH (AP) — PITTSBURGH (AP) — Matthews International Corp. (MATW) on Thursday reported a loss of $68.2 million in its fiscal fourth quarter.

On a per-share basis, the Pittsburgh-based company said it had a loss of $2.21. Earnings, adjusted for non-recurring costs and amortization costs, were 55 cents per share.

The global provider of industrial technologies, memorialization products and brand solutions posted revenue of $446.7 million in the period.

For the year, the company reported a loss of $59.7 million, or $1.93 per share. Revenue was reported as $1.8 billion.

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