Welcome to our dedicated page for Materion Corporation news (Ticker: MTRN), a resource for investors and traders seeking the latest updates and insights on Materion Corporation stock.
Materion Corporation (NYSE: MTRN) is a leading global provider of advanced materials solutions. The company is dedicated to developing, manufacturing, and marketing highly engineered materials for customers across diverse markets such as consumer electronics, defense, industrial, aerospace, automotive electronics, telecommunications, appliances, medical, and energy. Materion’s innovative products and expertise enable cutting-edge technologies for its global clientele.
Materion boasts a comprehensive and unique product portfolio, including:
- Specialty engineered alloys
- Beryllium and non-be metal matrix composites
- Engineered clad and plated metal systems
- Precious and non-precious specialty metals
- Precision optical filters
- Inorganic chemicals and powders
- Specialty thin film coatings
The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. A significant portion of its revenue comes from the Electronic Materials segment, which produces chemicals, microelectronics packaging, precious and non-precious metal products, and more.
Materion differentiates itself with a robust global manufacturing base, extensive service capabilities, and a wide array of high-performance products. The company's continuous innovation and engineering excellence support the advancement of its customers' technologies, making it a crucial player in the materials engineering sector.
Materion Corporation (NYSE: MTRN) has partnered with Kairos Power to establish a Molten Salt Purification Plant (MSPP) in Elmore, Ohio, to produce Flibe, a molten salt coolant for nuclear energy. This facility is entering its start-up phase, aimed at supporting clean energy initiatives. The collaboration, formed in 2020, focuses on providing an affordable, reliable supply of salt coolant for high-temperature molten salt reactors, potentially transforming global energy sources. Materion is the sole domestic supplier of beryllium fluoride needed for Flibe, emphasizing its commitment to advanced nuclear energy solutions.
Materion Corporation (NYSE: MTRN) will announce its Q2 2022 financial results on August 3, 2022, before market opening, followed by a conference call at 9:00 AM ET. Key executives, including President Jugal Vijayvargiya and CFO Shelly Chadwick, will present during the call. Interested participants can join via phone or access a live webcast through the company's website. A recorded playback will be available until August 17, 2022.
Materion, headquartered in Mayfield Heights, Ohio, specializes in advanced materials such as specialty metals, chemicals, and engineered alloys.
Materion Corporation (NYSE: MTRN) will participate in the CJS Securities Annual “New Ideas” Summer Conference on July 12, 2022. Jugal Vijayvargiya, President and CEO, along with CFO Shelly Chadwick and CAO John Zaranec, will conduct one-on-one meetings with investors throughout the day. Materion, headquartered in Mayfield Heights, Ohio, specializes in supplying advanced engineered materials including specialty metals, inorganic chemicals, and engineered beryllium alloys to global markets.
Materion Corporation (NYSE: MTRN), based in
Materion Corporation (NYSE: MTRN) announced the appointment of John Zaranec as chief accounting officer, effective May 4, 2022. In this role, he will oversee all accounting functions and investor relations to ensure accurate financial reporting and effective communication with stakeholders. Having joined Materion in April 2021 as vice president, John is noted for his leadership and improvements in accounting processes. He holds a master's degree in Accountancy and is a certified public accountant.
Materion Corporation (NYSE: MTRN) has announced a dividend increase of $0.125 per share, reflecting a rise of $0.005 or approximately 5%. This dividend is set to be paid on June 16, 2022, to shareholders who are on record by the close of business on May 27, 2022. Based in Mayfield Heights, Ohio, Materion provides a range of advanced engineered materials including specialty metals and beryllium alloys.
Materion Corporation (NYSE: MTRN) reported first quarter 2022 financial results, showing net sales of $449.0 million, up from $354.4 million year-over-year. Record value-added sales reached $266.8 million, a 34% increase. Operating profit slightly decreased to $19.6 million, while net income was $14.0 million, or $0.68 per diluted share. Adjusted EBITDA surged to $44.6 million, a 49% increase. The company raised its 2022 adjusted EPS guidance to $5.50 - $5.90, supported by strong demand and successful acquisitions, particularly in the semiconductor market.
Materion Corporation (NYSE: MTRN) will release its first quarter 2022 financial results on April 28, 2022, before the opening of the New York Stock Exchange. A conference call will be held at 9:00 AM ET with key executives including Jugal Vijayvargiya and Shelly Chadwick participating. Investors can join the call by dialing (888) 506-0062. A live webcast will be available on the company's website, with a recorded playback accessible until May 12, 2022. Materion specializes in advanced enabling materials for global markets.
Materion Corporation (NYSE: MTRN) reported strong fourth quarter and full-year 2021 results. Fourth quarter net sales reached $397.2 million, with record value-added sales of $237.4 million, a 27% year-over-year increase. Full-year net sales totaled $1.5 billion, also up 28%. Adjusted earnings per share rose 47% in Q4 to $1.03 and 88% for the year to $3.81. The company anticipates adjusted earnings per share of $4.80 to $5.20 for 2022, reflecting strong market demand and successful integration of acquisitions.
FAQ
What is the current stock price of Materion Corporation (MTRN)?
What is the market cap of Materion Corporation (MTRN)?
What markets does Materion Corporation serve?
What products does Materion Corporation offer?
Which segment generates the most revenue for Materion?
What are the core business segments of Materion?
Where is Materion Corporation based?
What is the ticker symbol for Materion Corporation?
How does Materion support its customer's technologies?
What distinguishes Materion in the materials engineering market?
What types of materials does Materion produce?
How does Materion contribute to technological advancements?
