earnings
confidence high
sentiment neutral
materiality 0.80
Mativ Q3 GAAP EPS loss $0.43, adj. EPS $0.74; revenue +76% to $674.1M; cybersecurity incident
Mativ Holdings, Inc.
2022-Q3 EPS reported
-$0.25
revenue$1,507,300,000
- GAAP EPS $(0.43); adjusted EPS $0.74. Revenue $674.1M up 76% YoY, 12% organic constant-currency growth.
- Adjusted operating profit $65.5M (+24% comparable); cybersecurity incident temporarily disrupted operations.
- ATM segment sales $426.1M (+64% YoY), adj operating margin 11.7%; FBS sales $248.0M (+101% YoY), adj operating margin 14.9%.
- Expects Q4 adjusted EBITDA consistent with Q3's $93M; net leverage target 3.75x by year-end.
- Declared $0.40 quarterly dividend payable Dec 16 to holders of record Nov 25.