Matthews International

Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite memorials, and other memorialization products, caskets and cremation and incineration equipment for the cemetery and funeral home industries. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Matthews International (MATW) reports strong Q1 results and eyes growth opportunities

Matthews International (MATW) delivered a robust performance in Q1 2023, driven by the Industrial Technology segment and strong energy business growth.
While facing challenges in the European market, the company is focused on capitalizing on opportunities for growth and maintaining success in key segments.
With consolidated sales growth expected to continue and reaffirmed EBITDA projections, Matthews International remains optimistic about its performance in 2023.

Matthews International excels in Q2 2023 with strong sales growth

Matthews International delivered a robust performance in Q2 2023, driven by strong sales growth and operational improvements. Despite challenges in the SGK brand solution segment, the company remains optimistic about future prospects and is actively managing its debt levels.

Matthews International reports robust Q3 earnings amidst segment challenges

Matthews International delivered a strong Q3 performance with notable sales and EBITDA growth.
While facing challenges in certain segments, the company demonstrated financial stability and commitment to shareholders.
Opportunities exist for revenue growth, margin enhancement, and strategic realignment to drive future success.
Overall, a positive quarter with areas for improvement to sustain growth and profitability.

Matthews International (MATW) reports robust Q4 performance and growth strategies

Matthews International (MATW) delivered a strong performance in Q4 2023, marked by revenue growth, improved profitability, and enhanced financial stability.
The company's focus on debt reduction, cash flow generation, and strategic acquisitions positions it well for sustainable growth and value creation.
While facing challenges such as segment-specific sales fluctuations and market uncertainties, Matthews International remains resilient and adaptive.
Opportunities for expansion through acquisitions, innovation, and market diversification pave the way for future growth and competitive advantage.

Matthews International reports mixed Q1 results, eyes growth opportunities

Matthews International's Q1 2024 performance showed mixed results with sales growth in key segments but challenges in the Energy segment. The company is focusing on growth opportunities, including energy solutions and cremation business, while addressing financial performance concerns.

Matthews International reports mixed Q2 performance, focuses on debt reduction

Matthews International's Q2 2024 performance showcased strengths in Memorialization and SGK Brand Solutions, with challenges in Industrial Technologies.
The company aims to reduce debt, improve leverage ratio, and launch new products, presenting opportunities for growth and financial stability.
Despite facing some headwinds, Matthews International remains focused on operational improvements and strategic initiatives for future success.

Matthews International addresses challenges, focuses on cost reduction and growth

Matthews International navigated challenges in Q3 2024, focusing on cost reduction, debt reduction, and segment-specific strategies to address performance issues.
Despite headwinds in the Industrial Technologies segment, positive outcomes in Memorialization and SGK segments highlight the company's diversified portfolio strength.
Strategic financial management, confidence in legal matters, and a commitment to shareholder returns through dividends underscore Matthews International's resilience and long-term focus.

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Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite, and other memorialization products, caskets, cremation, and incineration equipment. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products, and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

Matthews International reported earnings with promising organic sales growth but limited profit growth in the energy businesses. The company is looking forward to the release of the printhead and potential scaling through M&A on its more attractive platforms. Industrial technologies and memorialization businesses are expected to see sales growth and potential acquisitions to improve profitability in 2024.

Matthews International: Lots Of M&A Discussion At The Q4 Call

Matthews International Corporation (NASDAQ:MATW ) Q4 2023 Earnings Conference Call November 17, 2023 9:00 AM ET Company Participants Steven Nicola - CFO Joseph Bartolacci - President & CEO Conference Call Participants Daniel Moore - CJS Securities Liam Burke - B. Riley Securities Justin Bergner - Gabelli Funds, LLC Operator Greetings.

Matthews International Corporation (MATW) Q4 2023 Earnings Call Transcript

Financial Highlights : Consolidated sales in fourth quarter increased $23.1 million, or 5.0% Industrial Technologies sales 34% higher for the quarter; FY2023 sales exceed $500 million, compared to $335.5 million for FY2022 All three business segments reported higher adjusted EBITDA for the quarter Company expects continued earnings growth and strong cash flow in fiscal 2024 Webcast: Friday, November 17, 2023, 9:00 a.m., (201) 689-8471 PITTSBURGH, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2023.

Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2023

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Nike, Merck Among 13 Companies To Announce Annual Dividend Increases In Second Half Of November

PITTSBURGH, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2023 earnings results after the market closes on Thursday, November 16, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook.

Matthews International Announces Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

Matthews International has benefited from business development in the energy solutions sector. The energy solutions business has seen strong order book growth and is expected to achieve around 40% sales growth for the fiscal year as they liquidate backlog. Cost actions are now possible to improve the performance of acquisitions and contribute to the bottom line, leading to a potential earnings bump in that segment.

Matthews International: Profit Scaling Limited By Labor Costs

Matthews International (MATW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

After Plunging -14.43% in 4 Weeks, Here's Why the Trend Might Reverse for Matthews International (MATW)

Matthews International (MATW) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.58 per share a year ago.

Matthews International (MATW) Beats Q3 Earnings and Revenue Estimates (Revised)

Matthews International's stock has performed well despite mediocre financial performance in recent years. This year, the picture is looking up for the most part, driven by two of the firm's operating segments. The company isn't the most stable, but some additional upside likely exists from here.

Matthews International: The Easy Money Has Been Made, But There's Still A Little Life Left

Matthews International (MATW) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.91 per share a year ago.

Matthews International (MATW) Q3 Earnings and Revenues Surpass Estimates (Revised)

Matthews International Corporation (NASDAQ:MATW ) Q3 2023 Results Conference Call July 28, 2023 9:00 AM ET Company Participants Bill Wilson - SD, Corporate Development Joe Bartolacci - President, CEO Steve Nicola - CFO Conference Call Participants Justin Bergner - Gabelli Liam Burke - B. Riley Pete Lukas - CJS Securities Operator Greetings, and welcome to the Matthews International Third Quarter Fiscal 2023 Financial Results Conference Call.

Matthews International Corporation (MATW) Q3 2023 Earnings Call Transcript

Matthews International (MATW) Beats Q3 Earnings and Revenue Estimates

Fiscal 2023 3 rd Quarter Financial Highlights: Sales increased $50.2 million from a year ago; Industrial Technologies sales 66% higher Net income of $8.7 million vs. $2.9 million last year; adjusted EBITDA 22.1% higher Outstanding debt declined $3.0 million during current quarter Company re-affirms guidance for fiscal 2023 Webcast: Friday, July 28, 2023, 9:00 a.m.

Matthews International Reports Results for Fiscal 2023 Third Quarter

PITTSBURGH, July 07, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2023 earnings results after the market closes on Thursday, July 27, 2023.

Matthews International Announces Third Quarter Fiscal 2023 Earnings Release and Conference Call

Execution on order backlog in industrial technologies rockets sales, but contribution still low due to OLBRICH. Higher price realisation in the memorialisation segment drives incremental EBITDA.

Matthews International: Backlog Comes Through

Matthews International Corporation. (NASDAQ:MATW ) Q2 2023 Earnings Conference Call April 28, 2023 9:00 AM ET Company Participants Bill Wilson - Senior Director of Corporate Development Joe Bartolacci - President & CEO Steven Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Liam Burke - B.

Matthews International Corporation (MATW) Q2 2023 Earnings Call Transcript

Matthews International (MATW) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.74 per share a year ago.

Matthews International (MATW) Q2 Earnings and Revenues Surpass Estimates

Fiscal 2023 2 nd Quarter Financial Highlights: Sales increased $34.6 million or 7.8%, from a year ago; 10% on a constant currency basis Industrial Technologies sales over 60% higher; on track to approach $500 million for fiscal 2023 Memorialization segment also reports year-over-year sales growth Company re-affirms guidance for fiscal 2023 Webcast: Friday, April 28, 2023, 9:00 a.m., (201) 689-8471 PITTSBURGH, April 27, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its second quarter of fiscal 2023.

Matthews International Reports Results for Fiscal 2023 Second Quarter

PITTSBURGH, April 13, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2023 earnings results after the market closes on Thursday, April 27, 2023.

Matthews International Announces Second Quarter Fiscal 2023 Earnings Release and Conference Call

If you are looking for stocks that are well positioned to maintain their recent uptrend, Matthews International (MATW) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Matthews International (MATW) is on the Move, Here's Why the Trend Could be Sustainable

Recent Price Trend in Matthews International (MATW) is Your Friend, Here's Why

The Q1 2023 results show give and take from a deflationary commodity environment but also lower death rates from the attenuation of the coronavirus. Industrial technologies are mostly seeing growth from consolidation effects, but what matters is that the segment has now created huge backlogs of $200 million.

Matthews Is A Backlog Story Now

Matthews International Corporation (NASDAQ:MATW ) Q1 2023 Earnings Conference Call January 27, 2023 9:00 AM ET Company Participants Bill Wilson - Senior Director of Finance & Corporate Development Joe Bartolacci - President & CEO Steven Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Liam Burke - B. Riley Justin Bergner - Gabelli Funds Operator Greetings, and welcome to the Matthews International Corporation First Quarter Fiscal 2023 Financial Results Conference Call.

Matthews International Corporation (MATW) Q1 2023 Earnings Call Transcript

Matthews International (MATW) delivered earnings and revenue surprises of 8.16% and 2.20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Matthews International Stock (MATW)