Matthews (MATW) Tops Q2 EPS by 15c

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Matthews International Reports Results for Fiscal 2021 Second Quarter

April 29, 2021 4:15 PM EDT

Financial Highlights 2nd Quarter:

Record quarterly sales of $417.2 million; 11.3% increase over 2nd quarter last yearDebt reduction of $42.1 million for the current quarterNet income of $5.0 million ($0.16 per share)Adjusted net income of $28.8 million ($0.89 per share) vs. $19.8 million ($0.63 per share) for the 2nd quarter last yearAdjusted EBITDA of $60.9 million compared to $49.4 million a year ago

Financial Highlights Year-to-Date:

Year-to-date sales increased $64.1 million (8.7%) compared to last yearCash flow from... More