Overview

* Neo Q3 2025 revenue of $122.2 mln beats analyst expectations

* Adjusted EBITDA for Q3 2025 reaches $19.2 mln, slightly down from last year

* Company raises full-year 2025 Adjusted EBITDA guidance to $67-71 mln

Outlook

* Neo raises full-year 2025 Adjusted EBITDA guidance to $67-$71 mln

* Neo's new European magnet facility to start production in mid-2026

* Neo extends partnership with Bosch for dedicated magnet production

Result Drivers

* MAGNEQUENCH GROWTH - Increased volumes and profitability in Magnequench driven by strong demand and customer restocking

* CHEMICALS & OXIDES IMPROVEMENT - Significant EBITDA growth due to higher rare earth prices and strategic business transformation

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $122.20 $102.60

Revenue mln mln (1

Analyst)

Q3 $0.20

Adjusted

EPS

Q3 $8.50

Adjusted mln

Net

Income

Q3 $0.10

Dividend

Q3 $8.40

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$23.00, about 30.2% above its November 13 closing price of C$16.06

* The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release:

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(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.)