PITTSBURGH, PA, JULY 22, 2010 – Matthews International Corporation (NASDAQ GSM: MATW) today announced earnings for the fiscal quarter ended June 30, 2010. Net income for the Company’s fiscal 2010 third quarter was $20,411,000, or $0.68 per share, compared to $18,068,000, or $0.60 per share, for the third fiscal quarter a year ago. The fiscal 2010 third quarter included a favorable adjustment of $0.02 per share related to the closure of certain prior income tax periods. The fiscal 2009 third quarter results included unusual charges of $0.03 per share, which primarily consisted of costs related to the consolidation of certain production operations within the Company’s Bronze segment, cost structure initiatives in certain of the Company’s other businesses and asset adjustments.
3Q 2010 Earnings & Dividend