Materion Corporation reported net sales of $420.3 million and net income of $17.7 million for the first quarter of 2025. Adjusted earnings per share increased to $1.13, and the company achieved record first quarter adjusted EBITDA margins of 18.8%. Free cash flow saw a significant year-over-year improvement.
Net sales reached $420.3 million in Q1 2025.
Net income was $17.7 million, or $0.85 per diluted share.
Adjusted earnings per share were $1.13, up from $0.96 in the prior year quarter.
Adjusted EBITDA was $48.7 million, resulting in a record first quarter adjusted EBITDA margin of 18.8% of value-added sales.
Materion's performance expectations for 2025 remain largely unchanged, projecting adjusted earnings per share between $5.30 and $5.70 before considering the potential impact of global tariffs. The second quarter is expected to be slightly better than the first, with a potential headwind from current China tariffs.
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