Mativ Holdings Reports Profit in Fourth Quarter

ALPHARETTA, Ga., March 8, 2023 (GLOBE NEWSWIRE) -- Mativ Holdings, Inc. (MATV) announced today that it reported a profit of $1.5 million in its fourth quarter, resulting in earnings per share of 3 cents.

Adjusted for non-recurring costs, earnings were 5 cents per share. The revenue for the period was recorded at $458.6 million.

Mativ Holdings is a leading provider of paper and reconstituted tobacco products headquartered in Alpharetta, Georgia.