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Mattr ( (TSE:MATR) ) has provided an update.
Mattr Corp reported strong financial performance for the first quarter of 2025, highlighted by the acquisition of AmerCable, which contributed significantly to the company’s revenue and operational growth. The company’s revenue reached $343 million with a net income of $53 million, driven by substantial increases in both the Connection Technologies and Composite Technologies segments. The acquisition of AmerCable and increased customer adoption of new technologies have positioned Mattr for continued growth, despite geopolitical uncertainties and upcoming US tariff changes.
The most recent analyst rating on (TSE:MATR) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on Mattr stock, see the TSE:MATR Stock Forecast page.
Spark’s Take on TSE:MATR Stock
According to Spark, TipRanks’ AI Analyst, TSE:MATR is a Neutral.
Mattr’s overall score reflects significant concerns about financial performance, particularly in profitability and cash flow management. Despite positive technical momentum, structural financial weaknesses and poor valuation metrics weigh heavily on the score. The stock’s short-term technical strength is overshadowed by long-term financial instability.
To see Spark’s full report on TSE:MATR stock, click here.
More about Mattr
Mattr Corp operates in the technology industry, focusing on providing engineered wire and cable solutions. The company is known for its Connection Technologies and Composite Technologies segments, catering to various markets with a focus on innovation and efficiency.
Average Trading Volume: 284,501
Technical Sentiment Signal: Sell
Current Market Cap: C$682.7M
See more insights into MATR stock on TipRanks’ Stock Analysis page.