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Neo Performance Materials Inc T.NEO

Alternate Symbol(s):  NOPMF

Chemicals Specialty Chemicals
Neo Performance Materials Inc. is a Canada-based company, which is engaged in the green energy transition by manufacturing the building blocks of many technologies that enhance sustainability. The Company's segments include Magnequench, Chemicals and Oxides (C&O), Rare Metals and Corporate. The Magnequench segment manufactures bonded neodymium-iron-boron (NdFeB or neo) powders and bonded permanent magnets. This segment produces bonded magnets (Magnequench Magnets) made from its various Magnequench powder grades. The C&O segment manufactures and distributes a range of advanced industrial materials. Applications from these products include automotive catalysts, permanent magnetics, medical devices, and wastewater treatment. The Rare Metals segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium).


TSX:NEO - Post by User

Neo Performance Materials Inc
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Post by PressReleaseon Nov 10, 2023 7:01am
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Post# 35727774

New Press Release - Neo Performance Materials Reports Third Quarter 2023 Results

New Press Release - Neo Performance Materials Reports Third Quarter 2023 Results
Q3 2023 Highlights (unless otherwise noted, all financial amounts in this news release are expressed in United States dollars)Q3 2023 revenue of $136.9 million, lower by 6.6% YoY.Operating income of $7.0 million in the quarter.Adjusted Net Income(1) of $4.0 million in the quarter, or $0.09...read article.
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