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Neo Performance Materials Swings to Q4 Adjusted Loss
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Neo Performance Materials Swings to Q4 Adjusted Loss
Mar 18, 2025 5:19 AM

07:53 AM EDT, 03/18/2025 (MT Newswires) -- Neo Performance Materials ( NOPMF ) on Tuesday reported a fourth-quarter swing to an adjusted loss.

Adjusted net loss was US$4.9 million, or US$0.12 per share, compared with adjusted net income of US$0.9 million or US$0.02 per share for the prior year period.

Revenue rose to US$134.9 million from US$128.7 million over the same period.

Neo, which also reported that its strategic review process is continuing, will pay a regular quarterly dividend of C$0.10 per share on March 27.

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