Matthews (MATW) Misses Q1 EPS by 2c

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Go back to Matthews (MATW) Misses Q1 EPS by 2c

Matthews International Reports Earnings for Fiscal 2016 First Quarter

January 28, 2016 4:15 PM EST

First Quarter Revenues Increase to $354.2 MillionResults Ahead of Company ExpectationsAcquisition Integrations Remain on Track

PITTSBURGH, Jan. 28, 2016 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ: MATW) today announced financial results for the quarter ended December 31, 2015.

The Companys consolidated sales for the quarter ended December 31, 2015 were $354.2 million, compared to $343.6 million a year ago.  The increase in consolidated sales for the current quarter compared to a year ago resulted primarily from the acquisition of Aurora Casket Company (Aurora), which... More