MATW News & Events

Reports Q2 revenue $258.62M vs. $427.63M last year. In discussing the results for the company's fiscal 2026 second quarter, Joseph Bartolacci, President and Chief Executive Officer, stated: "We are pleased with our operating results for the fiscal 2026 second quarter. While our GAAP earnings were unfavorably impacted by unusual charges and amortization, we are happy to report non-GAAP adjusted earnings per share growth this quarter compared to last year despite recent divestitures. The Memorialization segment reported higher sales and adjusted EBITDA, and the Product Identification business also delivered higher sales. Although we continue to experience challenges in our energy storage solutions business, customer interest remains very strong. Corporate and other non-operating costs also declined meaningfully compared to last year. We continue to work on additional cost reduction plans to scale our structure as post-divestiture support obligations expire over the coming quarters."

Matthews Engineering, a division of Matthews International, and hs-tumbler announced a cooperation to advance trajectory mixing technologies tailored for dry battery electrode, DBE, manufacturing. The joint development targets scalable powder preparation and higher calendar throughput for next-generation, DBE production systems.

Matthews (MATW) announced that, for the second time in twelve months, an arbitrator has recognized the company's right to develop, produce, market and sell its proprietary dry battery electrode, or DBE, solutions to third parties. "Matthews defeated Tesla's (TSLA) claims as the arbitrator issued an interim decision denying the broad injunctive relief requested by Tesla and rejecting Tesla's attempts to prohibit the company from selling Matthews' proprietary DBE technology and equipment. Instead, the interim decision includes a narrow injunction preventing Matthews from using certain parts in dry battery electrode machines. Matthews already has replacement parts, and thus the injunction is not expected to materially impede Matthews' operations or sales. Matthews will continue to sell DBE equipment and provide technology offerings to its customers," the company stated.

Matthews (MATW) announced that, for the second time in twelve months, an arbitrator has recognized the company's right to develop, produce, market and sell its proprietary dry battery electrode, or DBE, solutions to third parties. Matthews defeated Tesla's (TSL) claims as the arbitrator issued an interim decision denying the broad injunctive relief requested by Tesla and rejecting Tesla's attempts to prohibit the company from selling Matthews' proprietary DBE technology and equipment. Instead, the interim decision includes a narrow injunction preventing Matthews from using certain parts in dry battery electrode machines. Matthews already has replacement parts, and thus the injunction is not expected to materially impede Matthews' operations or sales. Matthews will continue to sell DBE equipment and provide technology offerings to its customers.