Magnera Corp
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $443.0M
- Price
- $12.34
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.75%
- Volume
- 530.1K
About
Magnera Corp. engages in a wide range of products, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. The company was founded on November 4, 2024 and is headquartered in Charlotte, NC.
Quick stats
Shares outstanding35.9M
Computed float35.4M
Float / shares98.6%
Key info
SectorConsumer Defensive
IndustryHousehold & Personal Products
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000041719
Websitehttp://magnera.com
AI Summary
AI-generated1/21
majorbullishearnings
Magnera Reports Third Quarter Results
Magnera reported third-quarter net sales of $857 million, up 2% year-over-year, with operating income rising to $22 million from $13 million in the prior year.
Adjusted EBITDA increased 9% to $99 million, driven by organic volume growth and synergy benefits from Project Core and the Glatfelter merger, which helped offset raw material inflation.
Management reaffirmed its full-year free cash flow outlook and adjusted EBITDA guidance, maintaining expectations at the lower end of the range.
Red flags
- Reported GAAP net loss of $20 million for the quarter due to integration and restructuring costs