Materion Q2 2022 Earnings Report
Key Takeaways
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.
Net sales were $445.3 million.
Value-added sales increased 33% year over year to a record $277.2 million.
Adjusted EBITDA was a record $47.0 million, an increase of 44% year over year.
Adjusted earnings per share (EPS) of $1.28, an all-time record, up 41% year over year.
Materion
Materion
Materion Revenue by Segment
Forward Guidance
Materion is affirming the 2022 adjusted earnings per share guidance in the range of $5.50 to $5.90.
Revenue & Expenses
Visualization of income flow from segment revenue to net income