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 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.
Materion Corporation (NYSE: MTRN) will host its annual shareholder’s meeting on May 4, 2022, at 8:30 AM EST. The meeting will be conducted virtually, with a live audio webcast available via the company’s website.
Shareholders who are recorded as of March 7, 2022, will have the right to participate and vote. This meeting is a crucial opportunity for investors to engage with the company and its strategic direction.
Materion Corporation (NYSE: MTRN) will release its fourth-quarter and full-year 2021 financial results on February 17, 2022, before the opening of the New York Stock Exchange. A conference call is scheduled for 9:00 AM ET with executives including Jugal Vijayvargiya, Shelly Chadwick, and John Zaranec presenting. Investors can join via a live dial-in or webcast available on the company’s website. A recorded playback will be accessible until March 3, 2022.
Materion Corporation (NYSE: MTRN) announced a quarterly dividend of
Materion Corporation (NYSE: MTRN) will participate in the Baird Virtual Investor Conference on November 10, 2021. CEO Jugal Vijayvargiya and CFO Shelly Chadwick will join a virtual fireside chat at 3:10 p.m. EDT. Additionally, the company will host one-on-one virtual meetings with investors throughout the day. Based in Mayfield Heights, Ohio, Materion provides advanced materials including specialty metals and engineered alloys to global markets.
Materion Corporation (NYSE: MTRN) reported record financial results for Q3 2021, achieving net sales of $388.0 million, up from $287.2 million year-over-year. Value-added sales reached $215.8 million, marking a 31% increase. Operating profit was $21.2 million, with adjusted EBIT at a record $27.8 million and net income of $0.88 per share, a 120% rise from the previous year. The company raised its full-year adjusted earnings outlook to $3.73 - $3.83 per share, reflecting an 86% year-over-year increase.
Materion Corporation has successfully completed the acquisition of H.C. Starck Solutions’ electronic materials business for $380 million in cash. This strategic acquisition, which enhances Materion's portfolio in the semiconductor industry, is anticipated to generate $145 million in revenue and $29 million in adjusted EBITDA annually. This deal is projected to add 19% to Materion’s Value-Added Sales, improving adjusted EBITDA margins. The acquisition strengthens their position with major semiconductor manufacturers and promises significant growth opportunities.
FAQ
What is the current stock price of Materion (MTRN)?
What is the market cap of Materion (MTRN)?
What industries does Materion Corp serve?
What are the primary business segments of Materion?
How does Materion generate revenue?
What makes Materion's products unique?
How does Materion differentiate itself from competitors?
What technology and research underpin Materion's product development?
Who are the typical customers of Materion?
What role does innovation play in Materion's business model?
