earnings
confidence high
sentiment negative
materiality 0.75
Matthews Q1 adj. EPS $0.14 vs $0.37 YoY; positive arbitration ruling on DBE tech
MATTHEWS INTERNATIONAL CORP
2025-Q1 EPS reported
-$0.11
revenue$401,842,000
- Sales $401.8M (-10.7% YoY), net loss $3.5M ($0.11 loss per share), adj. net income $4.3M.
- Arbitration ruling affirms ownership of Dry Battery Electrode technology; company to market to other customers.
- SGK transaction: $350M upfront + 40% stake; regulatory filings started; expected close mid-2025; proceeds for debt reduction.
- Maintained FY2025 adj. EBITDA outlook $205-215M; cost reduction program on track for at least $50M.