---
schema_version: "secwatch.filing_event.v1"
accession: "0000041719-24-000015"
form_type: "8-K"
ticker: "MAGN"
cik: "0000041719"
company_name: "Magnera Corp"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:25:12.994073+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Glatfelter Q1 net sales $327M, net loss $26.2M; merger with Berry HHNF on track for H2 2024

## Summary
- Net sales $327M, down 13.5% YoY from $378M in Q1 2023.
- GAAP net loss from continuing ops $26.2M ($0.58 diluted EPS); adjusted EPS loss $0.33.
- Adjusted EBITDA $23.8M (7.3% margin); Spunlace +$5M, Airlaid -$9M, Composite Fibers +$2M.
- Composite Fibers EBITDA highest since Q3 2021, with margins averaging 10% last 3 quarters.
- Merger with Berry HHNF: HSR waiting period expired; Glatfelter shareholders ~10% ownership; close H2 2024.

## SEC filing metadata
- accession: 0000041719-24-000015
- form_type: 8-K
- ticker: MAGN
- cik: 0000041719
- company_name: Magnera Corp
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/41719/000004171924000015/0000041719-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/41719/000004171924000015/glt-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000041719-24-000015
- JSON: https://secwatch.observer/filing/0000041719-24-000015.json
- Plain text: https://secwatch.observer/filing/0000041719-24-000015.txt

## Key facts
- Earnings Releases
  Magnera Corp reported financial results for the first quarter of 2024.
  - Period: the first quarter of 2024
  - Result: reported results
  source text: On May 9, 2024, the Company reported its results of operations for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/41719/000004171924000015/0000041719-24-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.