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Mativ Q1 2024 Earnings Report

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$11.46 -0.15 (-1.29%)
(As of 12/20/2024 05:31 PM ET)

Mativ EPS Results

Actual EPS
$0.02
Consensus EPS
$0.25
Beat/Miss
Missed by -$0.23
One Year Ago EPS
N/A

Mativ Revenue Results

Actual Revenue
$500.20 million
Expected Revenue
$492.10 million
Beat/Miss
Beat by +$8.10 million
YoY Revenue Growth
N/A

Mativ Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

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Mativ Earnings Headlines

Mativ Holdings Amends Credit Agreement and Leadership Change
Traders Purchase High Volume of Call Options on Mativ (NYSE:MATV)
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About Mativ

Mativ (NYSE:MATV), together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for the filtration, protective solutions, release liners, and healthcare end-markets. This segment sells its products directly, as well as through sales agents and distributors. The Fiber-Based Solutions segment produces packaging and specialty paper products. This segment provides premium packaging products that are used for wine, spirits and beer labels, folding cartons, box wrap, bags, hang tags, and stored value cards servicing retail, cosmetics, spirits, and electronics end-use markets; and premium papers, which are used in commercial printing services, advertising collateral, stationery, corporate identity packages and brochures, direct mail, business cards, and other uses. It also offers branded paper-based products for the consumer channel, such as bright papers, cardstock, stationery paper, envelopes, journals, and planners. This segment distributes its products through authorized paper distributors, converters, retailers, and specialty business converters, as well as directly to end-users. The company was formerly known as Schweitzer-Mauduit International, Inc. and changed its name to Mativ Holdings, Inc. in July 2022. Mativ Holdings, Inc. was incorporated in 1995 and is headquartered in Alpharetta, Georgia.

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