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Matthews International: Fiscal 3Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MATW at https://www.zacks.com/ap/MATW