Matthews Q3 sales $471.9M (+11.9% YoY); adj. EBITDA $56.2M (+22.1%); reaffirms FY guidance at least $220M

MATTHEWS INTERNATIONAL CORP

2023-Q3 EPS reported $0.69 revenue$1,400,728,000

Sales rose 11.9% to $471.9M; Industrial Technologies sales jumped 66% on energy storage growth.
Net income $8.7M ($0.28 diluted EPS) vs $2.9M ($0.09) a year ago; adj. EPS $0.74 vs $0.58.
Adjusted EBITDA $56.2M (+22.1%); FY2023 guidance reaffirmed at least $220M adjusted EBITDA.
Debt decreased $3.0M in the quarter; net leverage ratio improved.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MATTHEWS INTERNATIONAL CORP reported Q3 FY2023 results: revenue $ 471.9, net income $ 8.7, EPS $ 0.28. Guidance reaffirmed.

Period: Q3 FY2023
Revenue: $ 471.9
Net income: $ 8.7
EPS: $ 0.28
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Q3 FY2023 Q3 FY2022 Change % Change Sales $ 471.9 $ 421.7 $ 50.2 11.9 % Net income attributable to Matthews $ 8.7 $ 2.9 $ 5.8 NM Diluted earnings per share $ 0.28 $ 0.09 $ 0.19 NM

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4 earnings releases filed in the last 30 days. Browse all earnings releases →

MATTHEWS INTERNATIONAL CORP filing history →

Source: SEC EDGAR

accession 0000063296-23-000061

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