Neo Performance Materials (TSE:NEO) raised its full-year 2026 adjusted EBITDA guidance after reporting what management described as the strongest quarterly EBITDA performance in the company’s history, supported by higher critical materials prices, resilient demand and stronger results across all three operating segments.
On the company’s first-quarter earnings call, President and Chief Executive Officer Rahim Suleman said revenue rose 27% year over year to $155 million, while adjusted EBITDA more than doubled to $36.2 million from $17.1 million in the first quarter of 2025. Adjusted earnings per share were $0.36, according to Executive Vice President and Chief Financial Officer Jonathan Baksh.
