Welcome to our dedicated page for Matthews Intl news (Ticker: MATW), a resource for investors and traders seeking the latest updates and insights on Matthews Intl stock.
Matthews International Corp. reports developments from two core global businesses: Memorialization and Industrial Technologies. Memorialization news centers on memorials, caskets, cremation and incineration equipment, cemetery and funeral home customers, pricing, volume trends, acquisitions and productivity initiatives. Industrial Technologies updates include marking technologies, MPERIA® Axian Inkjet systems and proprietary dry battery electrode solutions for battery manufacturing.
Company releases also cover quarterly results, dividends on Class A common stock, debt refinancing and debt reduction, the Propelis brand solutions investment, governance actions approved at shareholder meetings and arbitration-related disclosures tied to dry battery electrode equipment.
Matthews International (NASDAQ GSM: MATW) announced its participation in the B. Riley Securities 24th Annual Institutional Investor Conference at the Beverly Hilton Hotel, Beverly Hills, CA, on May 22, 2024.
President and CEO Joe Bartolacci, along with CFO Steve Nicola, will present and host one-on-one meetings with investors. Presentation materials will be available on the investor relations section of its website.
Matthews International (NASDAQ: MATW) reported financial results for its second quarter of fiscal 2024. The company saw outstanding debt reduced by $19.6 million with net debt lower by $27.2 million. GAAP earnings per share remained consistent at $0.29, while non-GAAP EPS increased to $0.69. SGK reported higher sales and adjusted EBITDA compared to a year ago. Energy storage sales also saw growth. Despite challenges, the company remains confident in its long-term strategies and outlook.
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