Materion Corporation reported Q4 2024 results, with net sales of $436.9 million and a net loss of $48.8 million. Adjusted EPS reached a record $1.55, up from $1.41 in the prior year. The company faced headwinds in automotive, industrial, and energy segments but saw strength in space & defense and semiconductors.
Materion Corporation reported net sales of $436.7 million and net income of $22.3 million, or $1.07 per diluted share, for the third quarter of 2024. Adjusted EBITDA reached a record $56.7 million, with a margin of 21.5%.
Materion Corporation reported record second quarter 2024 financial results, with net sales of $425.9 million and adjusted earnings per share of $1.42. The company has updated its full-year adjusted earnings per share guidance to $5.60-$5.90.
Materion Corporation reported net sales of $385.3 million and net income of $13.4 million, or $0.64 per share, for the first quarter of 2024. Adjusted earnings were $0.96 per share. The company updated its full-year adjusted earnings outlook to $5.60-$6.20 per share, a 5% increase year over year at the midpoint.
Materion Corporation reported fourth-quarter net sales of $421.0 million and net income of $19.5 million, or $0.93 per share. Adjusted earnings were $1.41 per share. The company is guiding to a full-year 2024 adjusted earnings per share range of $6.10 to $6.50.
Materion Corporation reported record third quarter earnings, with net sales of $403.1 million and adjusted EBITDA of $55.4 million. The company affirmed the midpoint of its 2023 earnings guidance, expecting a 10% increase year over year.
Materion Corporation reported record second quarter results with net sales of $398.6 million and adjusted EBITDA of $55.5 million. The company affirmed its 2023 adjusted earnings outlook of $5.60 - $6.00 per share.
Materion Corporation reported a strong first quarter in 2023, marked by double-digit organic sales and earnings growth. The company's value-added sales increased by 15% year-over-year, reaching a record $298.6 million. Due to this Materion raised its adjusted earnings per share outlook for 2023.
Materion Corporation reported record fourth quarter and full-year 2022 financial results. Net sales for the quarter were $434.6 million, and value-added sales increased 30% year over year to a record $309.2 million. Adjusted EBITDA was a record at $55.6 million, or 18.0% of value-added sales.
Materion Corporation reported record third-quarter financial results with net sales of $428.2 million and value-added sales increasing 35% year-over-year to a record $290.4 million. Adjusted EPS reached an all-time record of $1.31, despite bottom-line results falling short of expectations due to short-term headwinds and operational challenges. The company updated its full-year 2022 adjusted earnings per share guidance to $5.15 to $5.25.
Materion Corporation reported record second quarter financial results with net sales of $445.3 million and value-added sales increasing 33% year over year to a record $277.2 million. The company's adjusted earnings per share (EPS) reached an all-time record of $1.28, up 41% year over year. Materion is affirming the 2022 adjusted earnings per share guidance in the range of $5.50 to $5.90.
Materion Corporation reported a strong start to 2022 with record net sales of $449.0 million and adjusted EBITDA of $44.6 million, driven by strong end market demand and the HCS-Electronic Materials acquisition. The company raised its full year 2022 adjusted earnings per share guidance to $5.50 to $5.90.
Materion Corporation reported record fourth-quarter results, with net sales of $397.2 million and value-added sales reaching a record $237.4 million. Adjusted earnings per share increased by 47% year-over-year to $1.03. The company also provided 2022 earnings guidance, expecting another record year.
Materion Corporation reported record third quarter financial results, with net sales of $388.0 million and adjusted earnings of $1.10 per share. The company raised its full year adjusted earnings outlook to $3.73 - $3.83.
Materion Corporation reported strong second quarter financial results, with net sales of $371.0 million and adjusted earnings of $0.86 per share. The company raised its full-year outlook, expecting continued market strength and a robust organic pipeline.
Materion Corporation reported strong first-quarter results with net sales of $354.4 million, a record value-added sales of $198.6 million, and adjusted earnings of $0.82 per share. The company also provided second-quarter and full-year 2021 earnings guidance.
Materion Corporation reported third quarter 2020 financial results, with net sales of $287.2 million. Net income was $0.32 per share, diluted, consistent with the second quarter; adjusted earnings were $0.55 per share, up 12% vs. the second quarter. The acquisition of Optics Balzers was completed, and integration activities are progressing as planned.
Materion Corporation reported second quarter 2020 financial results with net sales of $271.5 million. Net income was $0.32 per share, diluted, and adjusted earnings were $0.49 per share, up 14% vs. the first quarter. The company also closed the Optics Balzers acquisition.