secwatch.observer — SEC 8-K summary
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Issuer:     Magnera Corp (MAGN)
CIK:        0000041719
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000041719-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Glatfelter Q3 net loss $20M, Adj. EBITDA $24.6M; merger closing Nov 4
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- Net sales $332M, GAAP net loss from continuing ops $20.0M ($0.44 EPS loss); adjusted EPS loss $0.26.
- Adjusted EBITDA $24.6M vs $25.5M Q3 2023; Spunlace EBITDA rose $2.5M to $4.8M despite Hurricane Helene.
- Airlaid EBITDA $18.0M (-$0.7M YoY); Composite Fibers $10.1M (-$1.1M) due to new wallcover sanctions.
- Merger with Berry HHNF to close Nov 4, creating Magnera; all closing conditions satisfied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/41719/000004171924000034/0000041719-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/41719/000004171924000034/glt-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000041719-24-000034

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