secwatch.observer — SEC 8-K summary
======================================

Issuer:     Mativ Holdings, Inc. (MATV)
CIK:        0001000623
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001000623-22-000070
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mativ Q3 GAAP EPS loss $0.43, adj. EPS $0.74; revenue +76% to $674.1M; cybersecurity incident
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000623/000100062322000070/0001000623-22-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000623/000100062322000070/matv-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001000623-22-000070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer