PITTSBURGH (AP) _ Matthews International Corp. (MATW) on Thursday reported fiscal third-quarter net income of $14.6 million.
On a per-share basis, the Pittsburgh-based company said it had profit of 46 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 90 cents per share.
The casket and memorial manufacturer posted revenue of $379.3 million in the period.
Matthews International shares have decreased 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $32.58, a decline of 37% in the last 12 months.