Canada's Mattr beats Q3 revenue estimates, revises 2025 capex forecast

Mattr

12/11/2025 22:11

Overview

Mattr Q3 revenue grows 39%, beating analyst expectations

Adjusted EPS for Q3 misses analyst expectations

Adjusted EBITDA for Q3 misses analyst expectations

Outlook

Mattr expects Q4 2025 revenue and Adjusted EBITDA to be below Q3 2025

Company anticipates lower Q4 2025 sales in Canadian industrial sector

Mattr revises full-year 2025 capital expenditures to C$50-$60 mln

Result Drivers

CONNECTION TECHNOLOGIES GROWTH - Revenue increased by 105% to C$184 mln, driven by the addition of AmerCable

MANUFACTURING OVERHEAD COSTS - Higher manufacturing overhead costs and increased expenses impacted operating income

COMPOSITE TECHNOLOGIES CHALLENGES - Revenue decreased by 4% due to lower commodity prices and reduced well completion activity

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
C$315 mln
C$308.73 mln (6 Analysts)
Q3 Adjusted EPS
Miss
C$0.05
C$0.34 (3 Analysts)
Q3 Net Income
C$2.90 mln
Q3 Adjusted EBITDA
Miss
C$34 mln
C$37.29 mln (7 Analysts)

Press Release: ID:nGNX1FghHf

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)