Elmet sets Nov. 10 to discuss third-quarter results with investors
Key Facts
Elmet Group has scheduled a phone and webcast call for Nov. 10, 2026, to discuss its third-quarter financial results, according to an investor relations statement. The call begins at 8:00 a.m. Eastern time, the company said. The results cover the fiscal quarter ended Oct. 2, 2026. The group’s management will host the call, followed by a question-and-answer session. The event will give investors an opportunity to hear management’s presentation and discuss the period’s results after their release.
Elmet said a press release containing additional information will be issued before the call, though the announcement did not specify when. The company said the call will be webcast simultaneously and a replay will be available online later. The announcement therefore sets out two stages for following the quarterly results: a statement before the call, followed by management’s presentation and a question-and-answer session at the scheduled time. These arrangements follow the close of the fiscal quarter on Oct. 2. The announcement does not include the results themselves; it only sets a time to discuss them.
In its latest prior quarterly results available, Elmet reported revenue of about $66.4 million in the second quarter of 2026, up 35.2% from about $49.1 million in the same period of 2025. The company said about 55% of revenue growth was tied to an increase in net demand, while the remainder was linked to the impact of tungsten and molybdenum raw-material prices. Gross margin rose to 25.0% of revenue, from 20.7% a year earlier, an increase of 430 basis points. But the company posted a net loss of about $4.5 million, or $0.16 per share, compared with net income of about $1.2 million, or earnings of $0.06 per share, in the second quarter of 2025. These figures provide context on its prior performance as attention turns to the third-quarter results on Nov. 10.
Chief Executive Peter Anania attributed second-quarter performance to operational execution, management of metal-price volatility and returns from a focus on serving the aerospace, defense and government sectors, saying these factors "we expect to support continued demand through the rest of the year." The group operates in critical materials, precision-engineered components and high-power systems, serving sectors including aerospace, defense, government, industrial, medical, semiconductor, electronics and energy. The company said it operates through 3 divisions: Critical Materials Components, Engineered Microwave Products, and Elmet Refining & Trading. Its prior announcements include a contract disclosed on Sept. 30, 2026, worth about $36 million to supply molybdenum and tungsten alloys and wire for the U.S. National Defense Stockpile. It also announced on Sept. 14 a committed investment of $450 million from the U.S. Department of War to expand its manufacturing capabilities and agreements with supply-chain partners.
In an earlier earnings-scheduling announcement, J.M. Smucker said it would release third-quarter fiscal 2026 results on Feb. 26, 2026, with the press release and financial materials available at 7:00 a.m. Eastern time. It had scheduled a live question-and-answer session for 9:00 a.m. that day, with Chief Executive and Chairman Mark Smucker and Chief Financial Officer Tucker Marshall. In its announcement of second-quarter fiscal 2026 results, the company set Nov. 25, 2025, as the release date, with materials available at 7:00 a.m. and a question-and-answer session at 9:00 a.m. Eastern time. Those earlier dates provide context on Smucker’s announcement arrangements, but do not establish a future date for its results. ELMT shares closed at $22.13 on Nov. 2, 2026, according to EL7 data.