Matthews International Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2021
April 28, 2021
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Matthews International Corporation announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2021. For the quarter, the company reported sales was $417,154,000 against $374,800,000 a year ago. Operating profit was $14,972,000 against operating loss of $85,097,000 a year ago. Net income was $5,152,000 against net loss of $86,595,000 a year ago. Diluted per share was $0.16 against diluted loss per share of $2.77 a year ago.
For the six months, the company reported sales was $803,811,000 against $739,744,000 a year ago. Operating profit was $25,345,000 against operating loss of $90,040,000 a year ago. Net income was $3,160,000 against net loss of $96,901,000 a year ago. Diluted per share was $0.1 against diluted loss per share of $3.11 a year ago.
Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. The Company operates through three segments: Memorialization, Industrial Technologies and SGK Brand Solutions. The Memorialization segment consists primarily of bronze and granite memorials and other memorialization products, caskets, cremation-related products, and cremation and incineration equipment primarily for the cemetery and funeral home industries. The Industrial technologies segment includes the design, manufacturing, service and distribution of high-tech custom energy storage solutions, product identification and warehouse automation technologies and solutions. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries.
MATTHEWS INTERNATIONAL CORPORATION 
