---
schema_version: "secwatch.filing_event.v1"
accession: "0001000623-24-000015"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:21:09.300989+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mativ Q1 GAAP loss $0.52/share on $500.2M sales; adj EPS $0.02

## Summary
- Sales $500.2M, down 8.9% YoY, up 10.6% sequentially; GAAP net loss $28.0M ($0.52 loss per share).
- Adjusted net income $1.1M, adjusted EPS $0.02; adjusted EBITDA $45.8M (down 6% YoY).
- FAM segment sales $202.7M (-8% YoY), adj EBITDA $33.2M (-23% YoY); SAS segment sales $297.5M (-9% YoY), adj EBITDA $32.3M (+19% YoY).
- Quarterly dividend declared $0.10/share, payable June 21, record May 24.
- Restructuring expected to reduce non-operating costs by up to $20M annually by end of 2024.

## SEC filing metadata
- accession: 0001000623-24-000015
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000100062324000015/0001000623-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000100062324000015/matv-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001000623-24-000015
- JSON: https://secwatch.observer/filing/0001000623-24-000015.json
- Plain text: https://secwatch.observer/filing/0001000623-24-000015.txt

## Key facts
- Earnings Releases
  Mativ Holdings, Inc. reported the three months ended March 31, 2024 results: revenue $500.2 million, net income GAAP loss was $(28.0) million, EPS GAAP EPS was $(0.52).
  - Period: the three months ended March 31, 2024
  - Revenue: $500.2 million
  - Net income: GAAP loss was $(28.0) million
  - EPS: GAAP EPS was $(0.52)
  - Result: reported results
  source text: Sales of $500.2 million increased 10.6% sequentially versus Q4 2023, and decreased 8.9% versus the prior year, reflecting sequential volume recovery • GAAP loss was $(28.0) million, GAAP EPS was $(0.52), which included organizational realignment, integration and purchase accounting expenses
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000100062324000015/0001000623-24-000015-index.htm
- Earnings Releases
  Mativ Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $500.2 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: $500.2 million
  - Result: reported results
  source text: statements for all fiscal quarters of 2023 revised to align with the new segment reporting structure. Mativ First Quarter 2024 Highlights (Continuing Operations) • Sales of $500.2 million increased 10.6% sequentially versus Q4 2023, and decreased 8.9% versus the prior year, reflecting sequential volume recovery • GAAP loss was $(28.0) million, GAAP EPS was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000100062324000015/0001000623-24-000015-index.htm

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