ELMT news

Latest 4 stories · newest Oct 14, 2026

ELMT

Shares of machinery-related companies are trading lower as rising oil prices and stronger-than-expected inflation data have reinforced expectations that U.S. interest rates will remain elevated. Elevated borrowing costs could pressure capital spending and reduce demand for heavy equipment and other large industrial purchases.

WIIM Oct 14, 2026 sentiment -0.60 Source: benzinga.com ↗

ELMT

Elmet Technologies awarded $36M DLA defense contract

Elmet Technologies secured a $36 million contract from the Defense Logistics Agency to supply molybdenum and tungsten alloys used in jet engines, further solidifying the company's role as a critical U.S. domestic supplier.

Leadership Sep 30, 2026 sentiment 0.00 SEC filing ↗

ELMT

Shares of machinery-related companies are trading lower after unexpectedly strong U.S. job-growth data dampened expectations for a Fed rate cut, which may lead to prolonged high borrowing costs and fewer customer orders.

WIIM Jun 5, 2026 sentiment 0.00 Source: benzinga.com ↗

ELMT

Elmet Group reports Q1 2026 revenue up 21% with backlog surging 52% to $113M

Elmet Group achieved strong Q1 2026 results with revenue increasing 20.7% to $56.0 million and adjusted EBITDA doubling to $9.2 million, driven by aerospace and defense demand. The company completed an upsized IPO raising $125.5 million in net proceeds, positioning it to capitalize on favorable mark…

Earnings May 29, 2026 sentiment +0.85 SEC filing ↗

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