MTI Q1 Operating Income Declines
This is a news story, published by Yahoo Finance, that relates primarily to BMI OldCo news.
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higher operating costsTipRanks
•Business
Business & Economics
Minerals Technologies lowers Q1 revenue view to $492M from $500M

85% Informative
Lowers Q1 operating income $ 63 M, excluding the special charges related to BMI OldCo and restructuring, from $ 70M.
Lower volumes in January extended longer than expected, impacting volumes throughout the quarter .
MTI took proactive measures to address the higher operating costs that resulted from the lower volumes.
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