Matthews (NASDAQ:MATW) Misses Q4 Revenue Estimates

From Stock Story Media: 2025-02-06 19:41:54

Matthews International (NASDAQ:MATW) reported disappointing Q4 CY2024 results, missing revenue expectations with a 10.7% year-on-year decline to $401.8 million. Non-GAAP profit per share was 37.8% below analyst estimates at $0.14. However, the company’s full-year EBITDA guidance exceeded expectations. Matthews stock fell 3.1% to $28.60 following the results. The company has struggled with weak sales growth, averaging only 2.7% over the last five years. Despite recent revenue declines, Matthews remains a diversified solutions provider offering ceremonial services, brand solutions, and industrial technologies. Cash flow has been poor, limiting opportunities for shareholder returns.



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