---
schema_version: "secwatch.filing_event.v1"
accession: "0001000623-23-000055"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:28:23.639932+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mativ Q3 GAAP loss $464M; $401M goodwill impairment; dividend cut to $0.10

## Summary
- Sales fell 9.7% to $498.2M; GAAP EPS loss of $(8.50) included $7.30/share goodwill impairment.
- Adjusted EPS $0.21; adjusted EBITDA $55.4M, down 20% YoY on weak volume.
- ATM segment sales -7.6% YoY; FBS segment sales -16.7% YoY; healthcare grew double-digits.
- Quarterly dividend reduced from $0.40 to $0.10 per share; $5.5M paid in Q3.
- Net debt $1.654B; liquidity ~$414M; proceeds from EP sale to reduce debt by >1/3.

## SEC filing metadata
- accession: 0001000623-23-000055
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000055/0001000623-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000055/matv-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001000623-23-000055
- JSON: https://secwatch.observer/filing/0001000623-23-000055.json
- Plain text: https://secwatch.observer/filing/0001000623-23-000055.txt

## Key facts
- Earnings Releases
  Mativ Holdings, Inc. reported the three months ended September 30, 2023 results: revenue $498.2 million, EPS $(8.50).
  - Period: the three months ended September 30, 2023
  - Revenue: $498.2 million
  - EPS: $(8.50)
  - Result: reported results
  source text: Mativ Third Quarter 2023 Highlights (Continuing Operations) • Sales decreased 9.7% to $498.2 million, reflecting lower volume partly offset by higher selling prices and currency translation • GAAP loss was $464.3 million, GAAP EPS was $(8.50).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000100062323000055/0001000623-23-000055-index.htm

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