Neo Performance Materials Reports Strong Q1 Earnings and Raises Full-Year Guidance
Neo Performance Materials reported its strongest quarterly earnings in company history with revenue rising 27% year-over-year to $155 million, while adjusted EBITDA more than doubled to $36.2 million. The rare metals segment drove the growth due to surging prices for hafnium, gallium, and tantalum. As a result, Neo raised its full-year 2026 adjusted EBITDA guidance from $75–$80 million to $100–$110 million.
Topics: ebitda_guidance financial_performance rare_metals_demand revenue_growth