Overview

* Neo Q2 revenue rises to $114.7 mln, beating analyst expectations

* Adjusted EBITDA up 42% yr/yr, driven by strong operational performance

* Company raises full-year 2025 adjusted EBITDA guidance to $64-$68 mln

Outlook

* Neo raises full-year 2025 Adjusted EBITDA guidance to $64.0-$68.0 mln

* Company expects $50 mln revenue from new traction motor program

* Neo focuses on leveraging global supply chain amid geopolitical shifts

Result Drivers

* MAGNEQUENCH GROWTH - 31% volume growth in Magnequench segment contributed to strong Q2 results

* ADJUSTED EBITDA GROWTH - Neo delivered$19.0 million and$36.1 million in Adjusted EBITDA for three and six months endedJune 30, 2025, marking a 41.6% and 49.5% increase, respectively, from the same periods last year

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $114.70 $109 mln

Revenue mln (3

Analysts

)

Q2 $0.19

Adjusted

EPS

Q2 $7.80

Adjusted mln

Net

Income

Q2 $0.1

Dividend

Q2 $8.20

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the specialty mining & metals peer group is "buy"

* Wall Street's median 12-month price target for Neo Performance Materials Inc ( NOPMF ) is C$17.50, about 2.2% above its August 11 closing price of C$17.11

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release:

(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.)