Matthews reports Q2 adjusted EPS 37c vs. 34c last year

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.”