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Materion Corporation - $MTRN STOCK NEWS

Welcome to our dedicated page for Materion Corporation news (Ticker: $MTRN), a resource for investors and traders seeking the latest updates and insights on Materion Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Materion Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Materion reported first quarter 2024 financial results, with net sales of $385.3 million and adjusted earnings of $0.96 per share. Despite a 14% decline in value-added sales due to market weaknesses, the company remains focused on delivering record results through strategic initiatives. The adjusted earnings guidance for the full year 2024 is $5.60-$6.20 per share, reflecting a 5% increase year over year.

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End-of-Day
-4.52%
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Rhea-AI Summary
Materion , listed as MTRN on NYSE, will announce its first quarter 2024 financial results on May 1, 2024. The earnings presentation will be accessible on the company's website. A conference call with investors is scheduled for May 2, 2024, featuring key executives.
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0.14%
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Rhea-AI Summary
Materion Corporation (MTRN) announces its annual shareholder's meeting on May 9, 2024, in Providence, Rhode Island.
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-0.71%
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Rhea-AI Summary
Materion Corporation (MTRN) reported strong financial results for Q4 2023 and full-year 2023, with record earnings and sales despite market challenges. The company announced new customer partnerships and provided optimistic 2024 earnings guidance. Materion's focus on operational excellence and organic pipeline positions them well for future growth.
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10.49%
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Rhea-AI Summary
Materion Corporation (MTRN) is set to announce its Q4 and full year 2023 financial results on February 15, 2024. The conference call with investors will feature Jugal Vijayvargiya, President, and CEO, along with Shelly Chadwick, VP of Finance and CFO. The call will be accessible via phone and webcast, with a recorded playback available until February 29, 2024.
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0.18%
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Materion Corporation (NYSE: MTRN) has declared a first-quarter 2024 dividend of $0.13 per share of common stock, payable on March 8, 2024, to shareholders of record at the close of business on February 22, 2024.
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End-of-Day
2.86%
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dividends
Rhea-AI Summary
Materion Corporation (NYSE: MTRN) reported strong third quarter financial results, with net sales of $403.1 million and value-added sales of $270.5 million. The company achieved a record third quarter adjusted EBITDA of $55.4 million, a 14% increase from the prior year. They also affirmed their full-year earnings outlook midpoint of $5.80 per share, representing a 10% increase year over year. Materion announced multiple new opportunities in space & defense, outperformed their adjusted EBITDA margin target, and delivered their twelfth consecutive quarter of adjusted EBITDA and adjusted EPS growth.
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8.82%
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Materion Corporation has been awarded a $5 million contract from the United States Air Force Research Laboratory (US-AFRL) to expand its research and development of additive manufacturing for beryllium and aluminum-beryllium alloys. This expansion aims to enhance the production and performance of optics structures, guidance systems, and thermal management applications used in defense and aerospace markets. Materion's additive manufacturing laboratory has demonstrated the viability of beryllium additive manufacturing and looks forward to advancing its research and development efforts with the US-AFRL.
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0.98%
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Materion Corporation to participate in Baird’s 2023 Global Industrial Conference on November 8, 2023.
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End-of-Day
0.82%
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Materion Corporation declares a fourth-quarter 2023 dividend of $0.13 per share of common stock.
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Rhea-AI Sentiment
End-of-Day
0.39%
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dividends
Materion Corporation

NYSE:MTRN

MTRN Rankings

MTRN Stock Data

2.28B
20.34M
1.77%
95.64%
1.31%
Nonferrous Metal Die-Casting Foundries
Manufacturing
Link
United States of America
MAYFIELD HTS.

About MTRN

materion (nyse: mtrn) is one of the world’s premier advanced materials solutions providers. at materion, we are committed to developing, manufacturing and marketing highly engineered advanced materials for global customers across a wide range of markets, including consumer electronics, defense and science, industrial and aerospace, automotive electronics, telecommunications infrastructure, appliances, medical and energy. our products, processes and expertise help enable our customers’ technologies. our unique product portfolio includes: - specialty engineered alloys - beryllium and non-be metal and metal matrix composites - engineered clad and plated metal systems - precious and non-precious specialty metals - precision optical filters - inorganic chemicals and powders - specialty thin film coatings we differentiate ourselves in these markets with a strong global base of manufacturing operations and service capabilities, a broad array of high-performance products, and specialized mater