Welcome to our dedicated page for Materion news (Ticker: MTRN), a resource for investors and traders seeking the latest updates and insights on Materion stock.
Overview of Materion Corp
Materion Corp (NYSE: MTRN) is a globally recognized provider of advanced materials solutions that serve multiple high-technology industries. With a comprehensive product portfolio that incorporates specialty engineered alloys, inorganic chemicals, and precision optical elements, the company is intricately involved in the development, manufacturing, and marketing of high-performance materials.
Core Business Segments and Offerings
Materion Corp operates across several distinct yet interrelated segments:
- Performance Materials: Focused on engineered alloy systems, including both beryllium and non-beryllium solutions, this segment specializes in creating custom-engineered parts tailored to specific industrial needs.
- Electronic Materials: Catering to the microelectronics packaging and electronics manufacturing space, this division produces a range of specialty products such as vapor deposition targets, precious, non-precious, and specialty metal products, as well as chemical formulations.
- Precision Optics: Dedicated to the production of optical filters and specialty thin film coatings, this segment addresses the stringent requirements of precision optics applicable in consumer electronics and scientific instruments.
- Others: An ancillary segment that complements their specialized material solutions by addressing niche market requirements.
Advanced Materials and Market Significance
The company leverages a vast global manufacturing network and robust service capabilities to deliver products that support innovation across diverse industries such as consumer electronics, telecommunications infrastructure, defense, industrial, aerospace, and automotive electronics. Materion's extensive expertise in advanced materials ensures it acts as a critical supplier to technology-driven applications, contributing to the development of durable, high-performance products that empower its global clientele.
Industry-Specific Capabilities
Materion distinguishes itself through:
- Innovative Materials Engineering: Utilizing both traditional and novel approaches in materials science, the company offers a broad spectrum of engineered products designed to meet stringent performance standards.
- Global Manufacturing Strength: With manufacturing operations spanning multiple regions, Materion provides localized service while leveraging global expertise, ensuring quality and precision in every product.
- Customized Solutions: The firm’s ability to tailor products to meet specific customer requirements allows it to support technologically complex projects that span diverse market sectors.
Applications Across Industries
The importance of Materion Corp is particularly evident in industries where material properties are critical to product success:
- Consumer Electronics: High-performance materials for smartphones, tablets, and other devices rely on the precision and durability of Materion's engineered solutions.
- Defense and Aerospace: Advanced materials and alloys provided by the company are integral to systems requiring reliability under extreme conditions.
- Automotive Electronics: The integration of specialty metal systems into automotive applications enhances efficiency and longevity of electronic components.
- Medical and Energy: The firm’s materials contribute to innovations in medical devices and energy-efficient applications, underscoring its broad industrial reach.
Technological Expertise and Research Foundations
The science behind Materion's offerings is rooted in decades of research and advanced engineering practices. The company consistently applies industry-specific methodologies to maintain high quality and functionality across its product range. The multilayered expertise not only allows for the creation of intricate material solutions but also supports a continuous improvement culture that adapts to the evolving requirements of modern technology.
Competitive Landscape and Differentiation
Within a competitive market that includes other advanced materials specialists, Materion differentiates itself by offering a uniquely diverse product range combined with a strong heritage in materials science and engineering. Its strategic approach to customized manufacturing and rigorous quality control helps the company maintain a robust market presence in multiple high-tech sectors.
Summary
Materion Corp remains a cornerstone in the advanced materials sector, blending deep engineering expertise with practical manufacturing experience. The company supports a wide range of industries by providing essential materials that are the backbone of modern technological applications. Investors and industry observers alike recognize the company for its commitment to quality, innovation, and its ability to address complex technical challenges through a diversified portfolio of specialized products.
Materion (NYSE: MTRN) has announced its upcoming annual shareholder's meeting, scheduled for May 7, 2025. The Annual Meeting will take place at 8 a.m. EDT at the Atlanta Airport Marriott Gateway in Atlanta, Georgia.
Materion (NYSE: MTRN) reported its Q4 and full-year 2024 results. Q4 net sales were $436.9M with value-added sales of $296.1M. The company reported a Q4 net loss of $48.8M (-$2.33 per share) compared to net income of $19.5M ($0.93 per share) in the prior year quarter. However, adjusted earnings reached a record $1.55 per share.
For full-year 2024, net sales were $1.68B with value-added sales of $1.10B. Net income was $5.9M ($0.28 per share) versus $95.7M ($4.58 per share) in 2023. The company achieved its mid-term target of 20% adjusted EBITDA margin for the first time and established a new target of 23%. For 2025, Materion expects mid-single digit top-line growth and guides adjusted EPS of $5.30-$5.70.
Materion (NYSE: MTRN) has scheduled the release of its fourth quarter and full year 2024 financial results on February 19, 2025, before the NYSE opening. The company will host a conference call with investors at 10:00 AM ET, featuring President and CEO Jugal Vijayvargiya and CFO Shelly Chadwick.
Investors can participate by dialing (888) 506-0062 (US) or (973) 528-0011 (international) with passcode 357106. A live webcast will be available on materion.com under the Investor Relations section. The recorded playback will be accessible until March 5, 2025, via (877) 481-4010 (US) or (919) 882-2331 (international) with replay ID 51061.
Materion (NYSE: MTRN) has announced its quarterly dividend declaration for the first quarter of 2025. The Board of Directors has approved a dividend payment of $0.135 per share of common stock. Shareholders who are recorded as owners by the close of business on February 20, 2025, will receive the dividend payment on March 7, 2025.
Materion (NYSE: MTRN) reported Q3 2024 financial results with net sales of $436.7 million and value-added sales of $263.8 million. Net income was $22.3 million, or $1.07 per share, with adjusted earnings of $1.41 per share. The company achieved record Q3 adjusted EBITDA of $56.7 million and a record quarterly adjusted EBITDA margin of 21.5%. Despite weak market conditions, Materion announced the sale of its non-core large area targets business and expects full-year 2024 adjusted earnings between $5.20 to $5.40 per share.
Materion (NYSE: MTRN) has announced its quarterly dividend declaration for Q4 2024. The company's Board of Directors has approved a dividend payment of $0.135 per share of common stock. Shareholders who are recorded as owners by the close of business on November 14, 2024, will receive the dividend payment on December 6, 2024.
Materion (NYSE: MTRN) has scheduled its third quarter 2024 financial results release for October 30, 2024, before NYSE market opening. A conference call with investors will follow at 10:00 AM ET, featuring CEO Jugal Vijayvargiya and CFO Shelly Chadwick. Participants can join via phone using passcode 445452 or watch the live webcast on materion.com. A playback will be available until November 13, 2024, using replay ID 49167.
Materion (NYSE: MTRN) has appointed Jason Moore as President of Precision Optics. Moore will lead the Precision Optics business segment, which produces customized optical and thin-film coatings and components for industries including space and defense, life sciences, industrial, semiconductor, and automotive. He joined Materion in August, reporting directly to CEO Jugal Vijayvargiya.
Moore's previous experience includes roles at TE Connectivity, Macromatic Industrial Controls, and Eaton Materion's Precision Optics business, known as Materion Balzers Optics, was formed in 2020 following the acquisition of Balzers Optics. It operates five manufacturing sites across the U.S., Europe, and Asia, delivering next-generation optics solutions for various applications.
Moore succeeds Dr. Ian Tribick, who retired as President of Precision Optics on August 31.
Materion (NYSE: MTRN) has announced a quarterly dividend for the third quarter of 2024. The company's Board of Directors has declared a dividend of $0.135 per share of common stock. This dividend will be payable on September 6, 2024, to shareholders who are on record at the close of business on August 23, 2024. This announcement demonstrates Materion's commitment to returning value to its shareholders through regular dividend payments.
Materion (NYSE: MTRN) reported record second quarter 2024 financial results and updated its 2024 earnings guidance. Key highlights include:
- Net sales of $425.9 million; value-added sales of $279.8 million, up 4% year-over-year
- Net income of $19.0 million, or $0.91 per share; adjusted earnings of $1.42 per share, up 3%
- Record quarterly adjusted EBITDA of $57.8 million
- Updated full-year adjusted EPS guidance to $5.60–5.90
The company secured a new $150 million multi-year contract for space propulsion systems and announced a customer's $10 million investment to expand capacity at a Materion site. Despite softening demand in some end-markets, Materion remains confident in delivering another year of record results.
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