Matthews International Reports Q4 Loss, FY Revenue

Matthews International Corporation, a Pittsburgh-based multinational, reported a significant loss of $27.5 million in Q4, translating to an $0.88 loss per share. However, after adjusting for one-time expenses and asset impairment costs, earnings came in at $0.50 per share, reflecting operational performance. The companys Q4 revenue totaled $318.8 million, and for the full fiscal year, revenue reached $1.5 billion, despite an overall loss of $24.5 million or $0.79 per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.