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Neo Performance Materials Q4 Net Loss Widens; Declares Quarterly Dividend of $0.10 Per Common Share
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Neo Performance Materials Q4 Net Loss Widens; Declares Quarterly Dividend of $0.10 Per Common Share
Mar 19, 2026 5:53 AM

08:39 AM EDT, 03/19/2026 (MT Newswires) -- Neo Performance Materials ( NOPMF ) on Thursday reported a widened net loss in the fourth quarter.

For the three months ended Dec. 31, 2025, the company reported net loss of $15.6 million or $0.01 adjusted earnings per share, compared with net loss of $12.0 million or $0.12 adjusted loss per share, a year earlier. The result missed a consensus estimate compiled by FactSet of $0.17 EPS.

Revenue decreased to $120.3 million, compared with $134.9 million, a year-ago. For 2026, Neo has established Adjusted EBITDA guidance of $75 million to $80 million.

The company said a quarterly dividend of $0.10 per common share was declared on March 12, 2026, unchanged from the prior quarter, for shareholders of record on March 19, with a payment date of March 26.

"As global supply chains increasingly prioritize security and localization for critical materials, Neo's integrated platform positions us well to serve our customers across magnets, specialty materials, and rare metals," said Neo Performance Materials ( NOPMF ) Chief Executive Rahim Suleman. "With strong operational momentum and a simplified portfolio focused on higher-value businesses, we are entering 2026 well positioned to continue delivering disciplined growth and long-term value for shareholders."

Shares of the company closed down 3.9% to $23.84 on Wednesday on the Toronto Stock Exchange.

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