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Last update: Apr 24, 2025
--- Establishes Reserve for BMI OldCo Chapter 11 Case ---
--- Initiates a $10 Million Cost Savings Program ---
NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported a loss per share for the first quarter ended March 30, 2025, of $4.51 due to the establishment of a reserve in connection with the Chapter 11 case of its subsidiary BMI OldCo. Excluding special items, earnings were $1.14 per share.
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