MATV - Mativ Holdings GAAP EPS of -$0.43 misses by $0.31 revenue of $674.1M misses by $43.7M
- Mativ Holdings press release ( NYSE: MATV ): Q3 GAAP EPS of -$0.43 misses by $0.31 .
- Revenue of $674.1M (+75.7% Y/Y) misses by $43.7M .
- The Company now expects 4Q:22 Adjusted EBITDA to be consistent with 3Q:22 Adjusted EBITDA of $93.0 million and continued year-over-year Adjusted EBITDA growth into 2023
- The Company still expects net leverage to be at 3.75x or below by year-end with the benefit of enhanced working capital programs, and to be within the 2.5x to 3.5x target range during 2023
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Mativ Holdings GAAP EPS of -$0.43 misses by $0.31, revenue of $674.1M misses by $43.7M