Materion Corporation - MTRN STOCK NEWS

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 $0.12 per share, payable on March 11, 2022, to shareholders recorded by the close of business on February 24, 2022. The company, headquartered in Mayfield Heights, Ohio, specializes in providing advanced materials, including specialty metals and engineered alloys, to global markets.

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.

Materion Corporation (NYSE: MTRN) has declared a fourth quarter 2021 dividend of $0.12 per share, set to be paid on December 3, 2021. Shareholders of record by the close of business on November 12, 2021 will be eligible for the dividend. The company, based in Mayfield Heights, Ohio, specializes in providing advanced materials, including specialty metals and engineered alloys, to global markets.

Materion Corporation (NYSE: MTRN) will hold its quarterly conference call on November 2, 2021, at 9:00 a.m. Eastern Time, to discuss third quarter results. Key executives participating include Jugal Vijayvargiya (CEO), Shelly Chadwick (CFO), and John Zaranec (VP, Investor Relations). Interested parties can join by calling (877) 407-0778 or via a live webcast on the company's website. A replay will be available until November 16, 2021.

Materion supplies advanced engineered materials including specialty metals and inorganic chemicals across global markets.

Materion Corporation (NYSE: MTRN) has announced an agreement to acquire H.C. Starck Solutions’ electronic materials business for $380 million. This acquisition targets strategic entry into the high-growth semiconductor market by adding advanced manufacturing capabilities and premium products such as tantalum sputtering targets. The deal is expected to generate approximately $145 million in revenue and $29 million in adjusted EBITDA for 2021. The transaction is anticipated to enhance EBITDA margins by 100 basis points and provide long-term synergies, while bolstering Materion’s existing portfolio and market presence.

Materion Corporation (NYSE-MTRN) has declared a dividend of $0.12 per share for Q3 2021. This dividend will be payable on September 3, 2021 to shareholders on record as of the close of business on August 20, 2021. Materion, based in Mayfield Heights, Ohio, specializes in advanced enabling materials across various industries, offering products such as high-performance alloys, beryllium products, and microelectronics packaging materials.