---
schema_version: "secwatch.filing_event.v1"
accession: "0001000623-23-000032"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T05:39:35.361473+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Mativ Q1 GAAP loss $7.7M, adj. EPS $0.25; revenue $679M +66.9%; EBITDA $65.7M; sees improvement H2

## Summary
- GAAP net loss $7.7M ($0.14 loss per share); adjusted EPS $0.25; adjusted EBITDA $65.7M.
- Sales $679M, up 66.9% from merger; constant currency organic sales growth 1%; price increases offset lower volumes.
- FBS segment adjusted EBITDA down $18.9M to $28.4M; engineered papers hit by French strikes and manufacturing inefficiencies.
- ATM segment adjusted EBITDA down $4.7M to $58.8M on de-stocking; cash flow from operations -$20.7M.
- Company expects $100M EBITDA quarters exit 2023; $25M synergy execution on track; dividend $0.40 payable June 23.

## SEC filing metadata
- accession: 0001000623-23-000032
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000032/0001000623-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000032/matv-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001000623-23-000032
- JSON: https://secwatch.observer/filing/0001000623-23-000032.json
- Plain text: https://secwatch.observer/filing/0001000623-23-000032.txt

## Key facts
- Earnings Releases
  Mativ Holdings, Inc. reported quarter ended March 31, 2023 results: revenue $679.0 million, net income GAAP loss was $7.7 million, EPS $(0.14). Guidance reaffirmed.
  - Period: quarter ended March 31, 2023
  - Revenue: $679.0 million
  - Net income: GAAP loss was $7.7 million
  - EPS: $(0.14)
  - Guidance: reaffirmed
  - Result: reported results
  source text: of the merger. Please see December 22, 2022 8-K for additional reconciliations of periods prior to the merger. Mativ First Quarter 2023 Highlights • Sales increased 66.9% to $679.0 million, reflecting the benefit of the merger; 1% constant currency organic sales growth • GAAP loss was $7.7 million, GAAP EPS was $(0.14), and GAAP Operating Profit was $9.3 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000032/0001000623-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.