Materion Corporation - MTRN STOCK NEWS

Materion Corporation (NYSE: MTRN) will release its first quarter 2023 financial results on May 3, 2023, before the stock market opens. The company will conduct a conference call for investors at 9:00 a.m. EST that same day, featuring key executives including Jugal Vijayvargiya, Shelly Chadwick, and John Zaranec.

Investors can participate via phone or a live webcast available on the company's website. A recorded playback will be accessible until May 17, 2023. Materion specializes in advanced materials solutions across high-performance sectors such as semiconductor and aerospace, employing over 3,700 people worldwide.

Materion Corporation (NYSE: MTRN) will hold its annual shareholder’s meeting on May 17, 2023, at 8:00 a.m. (EDT) in Newton, Massachusetts.

Headquartered in Mayfield Heights, Ohio, Materion is a leader in advanced materials solutions for industries such as semiconductor, aerospace, and automotive. With nearly 100 years of experience, the company employs over 3,700 people and serves customers in more than 60 countries worldwide.

Materion Corporation (NYSE: MTRN) reported record financial results for Q4 and full-year 2022. Q4 net sales reached $434.6 million, with value-added sales rising 30% year-over-year to $309.2 million. Operating profit was $39.2 million and net income per share was $1.38, a 32% increase compared to the prior year. For FY 2022, net sales totaled $1.76 billion, up 16%, and adjusted EPS reached $5.27, a 30% increase. The company anticipates 2023 adjusted EPS of $5.50 to $5.90, reflecting strong market growth despite expected short-term softness.

Materion Corporation (NYSE: MTRN) is set to announce its Q4 2022 and full-year financial results on February 16, 2023, prior to the opening of the New York Stock Exchange. The company's CEO, Jugal Vijayvargiya, and CFO, Shelly Chadwick, will host a conference call at 9:00 AM ET to discuss the financial performance and outlook for 2023. Participants can join the call via phone at (888) 506-0062 or through a live webcast on Materion's website. A recorded version will be available until March 2, 2023.

Materion Corporation (NYSE: MTRN) has declared a quarterly dividend of $0.125 per share for Q4 2022. This dividend is payable on March 10, 2023, to shareholders on record as of February 23, 2023. Materion, based in Mayfield Heights, Ohio, specializes in advanced engineered materials, supplying products such as specialty metals and engineered beryllium alloys to global markets.

Materion Corporation (NYSE: MTRN) reported record third quarter financial results with net sales reaching $428.2 million, a year-over-year increase from $388.0 million. Value-added sales surged 35% to $290.4 million. Operating profit was $29.1 million, while adjusted EBITDA reached a record $48.8 million. Net income was $20.0 million, or $0.96 per diluted share. The company updated its 2022 adjusted EPS guidance to $5.15 to $5.25.

Strategic initiatives include a $20 million investment for capacity expansion and projects aimed at clean energy solutions.