Materion (MTRN) - 2024 Q1 - Quarterly Results

Materion Corporation Reports First Quarter 2024 Financial Results MAYFIELD HEIGHTS, Ohio - May 1, 2024 - Materion Corporation (NYSE: MTRN) today reported first quarter 2024 financial results and provided an update to 2024 earnings guidance. Financial Summary • Net sales were 385.3million;valueaddedsales1were385.3 million; value-added sales1 were 257.8 million • Net income was 13.4million,or13.4 million, or 0.64 per share, diluted, and adjusted earnings of 0.96pershareFullyearadjustedearningsoutlookupdatedto0.96 per share • Full year adjusted earnings outlook updated to 5.60-$6.20 per share, a 5% in ...