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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 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
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.
Materion Corporation (NYSE: MTRN) announced a fourth quarter 2022 dividend of $0.125 per share. The dividend will be payable on December 8, 2022, to shareholders of record by the close of business on November 16, 2022. Materion, based in
Materion Corporation (NYSE: MTRN) will attend Baird’s 2022 Global Industrial Conference on November 9, 2022, in Mayfield Heights, Ohio. CEO Jugal Vijayvargiya and CFO Shelly Chadwick will conduct an in-person fireside chat at 9:40 AM CDT, with opportunities for one-on-one investor meetings throughout the day. Materion, through its subsidiaries, specializes in advanced enabling materials, including specialty metals and engineered beryllium alloys, targeting global markets.
Materion Corporation (NYSE: MTRN) is set to announce its third quarter 2022 financial results on November 2, 2022, before the New York Stock Exchange opens. The company will host a conference call at 9:00 AM ET on the same day, led by CEO Jugal Vijayvargiya and CFO Shelly Chadwick. Participants can join via phone or a live webcast available on www.materion.com. A recorded playback will be accessible until November 16, 2022.
Materion Corporation (NYSE: MTRN) announced a strategic investment of over
Materion Corporation (NYSE: MTRN) is set to participate in CL King’s 20th Annual Best Ideas Conference on September 12, 2022. Key executives, including Jugal Vijayvargiya, Shelly Chadwick, and John Zaranec, will engage in virtual one-on-one meetings with investors. Materion, located in Mayfield Heights, Ohio, specializes in providing advanced enabling materials including specialty metals and engineered alloys to global markets.
Materion Corporation (NYSE: MTRN) has declared a third quarter 2022 dividend of $0.125 per share. This dividend will be paid on September 8, 2022, to shareholders of record as of August 24, 2022. Headquartered in Mayfield Heights, Ohio, Materion supplies specialized materials, including precious and non-precious metals, chemicals, and engineered beryllium alloys, to global markets.
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