Welcome to our dedicated page for Materion news (Ticker: MTRN), a resource for investors and traders seeking the latest updates and insights on Materion stock.
Materion Corporation (NYSE: MTRN) delivers advanced engineered materials enabling technological breakthroughs across aerospace, defense, and electronics industries. This dedicated news hub provides investors and industry professionals with essential updates about the company’s specialized alloy systems, precision optics, and microelectronics solutions.
Access authoritative information on Materion’s operational developments, including quarterly earnings disclosures, strategic partnerships, and product innovations in performance materials. Our curated collection features official press releases alongside verified news coverage of manufacturing expansions, R&D investments, and leadership updates impacting this critical materials supplier.
Key content categories include financial performance reports, technological advancements in beryllium-alternative alloys, optical coating developments for defense applications, and supply chain initiatives supporting global electronics manufacturers. Bookmark this page for streamlined tracking of MTRN’s progress in developing materials that power next-generation technologies.
Materion (NYSE: MTRN) has announced its quarterly dividend declaration for the first quarter of 2025. The Board of Directors has approved a dividend payment of $0.135 per share of common stock. Shareholders who are recorded as owners by the close of business on February 20, 2025, will receive the dividend payment on March 7, 2025.
Materion (NYSE: MTRN) reported Q3 2024 financial results with net sales of $436.7 million and value-added sales of $263.8 million. Net income was $22.3 million, or $1.07 per share, with adjusted earnings of $1.41 per share. The company achieved record Q3 adjusted EBITDA of $56.7 million and a record quarterly adjusted EBITDA margin of 21.5%. Despite weak market conditions, Materion announced the sale of its non-core large area targets business and expects full-year 2024 adjusted earnings between $5.20 to $5.40 per share.
Materion (NYSE: MTRN) has announced its quarterly dividend declaration for Q4 2024. The company's Board of Directors has approved a dividend payment of $0.135 per share of common stock. Shareholders who are recorded as owners by the close of business on November 14, 2024, will receive the dividend payment on December 6, 2024.
Materion (NYSE: MTRN) has scheduled its third quarter 2024 financial results release for October 30, 2024, before NYSE market opening. A conference call with investors will follow at 10:00 AM ET, featuring CEO Jugal Vijayvargiya and CFO Shelly Chadwick. Participants can join via phone using passcode 445452 or watch the live webcast on materion.com. A playback will be available until November 13, 2024, using replay ID 49167.
Materion (NYSE: MTRN) has appointed Jason Moore as President of Precision Optics. Moore will lead the Precision Optics business segment, which produces customized optical and thin-film coatings and components for industries including space and defense, life sciences, industrial, semiconductor, and automotive. He joined Materion in August, reporting directly to CEO Jugal Vijayvargiya.
Moore's previous experience includes roles at TE Connectivity, Macromatic Industrial Controls, and Eaton Materion's Precision Optics business, known as Materion Balzers Optics, was formed in 2020 following the acquisition of Balzers Optics. It operates five manufacturing sites across the U.S., Europe, and Asia, delivering next-generation optics solutions for various applications.
Moore succeeds Dr. Ian Tribick, who retired as President of Precision Optics on August 31.
Materion (NYSE: MTRN) has announced a quarterly dividend for the third quarter of 2024. The company's Board of Directors has declared a dividend of $0.135 per share of common stock. This dividend will be payable on September 6, 2024, to shareholders who are on record at the close of business on August 23, 2024. This announcement demonstrates Materion's commitment to returning value to its shareholders through regular dividend payments.
Materion (NYSE: MTRN) reported record second quarter 2024 financial results and updated its 2024 earnings guidance. Key highlights include:
- Net sales of $425.9 million; value-added sales of $279.8 million, up 4% year-over-year
- Net income of $19.0 million, or $0.91 per share; adjusted earnings of $1.42 per share, up 3%
- Record quarterly adjusted EBITDA of $57.8 million
- Updated full-year adjusted EPS guidance to $5.60–5.90
The company secured a new $150 million multi-year contract for space propulsion systems and announced a customer's $10 million investment to expand capacity at a Materion site. Despite softening demand in some end-markets, Materion remains confident in delivering another year of record results.
Materion (NYSE: MTRN) has announced it will release its second quarter 2024 financial results on August 5, 2024, after the New York Stock Exchange closes. The company will host a conference call with investors on August 6, 2024, at 9:00 AM ET. President and CEO Jugal Vijayvargiya and CFO Shelly Chadwick will represent Materion on the call.
Investors can participate by dialing (888) 506-0062 (US) or (973) 528-0011 (international) with passcode 876666. A live webcast will be available on Materion's website. A recorded playback will be accessible until August 20, 2024, using replay ID 49165.
Materion (NYSE: MTRN) announced its participation in the CL King Advanced Electronics Seminar on June 17, 2024. President and CEO Jugal Vijayvargiya, along with VP of Finance and CFO Shelly Chadwick, will host a virtual fireside chat at 10:15 AM ET. The executives will also be available for one-on-one investor meetings throughout the day.
Materion (NYSE: MTRN) has been listed among USA TODAY's America's Climate Leaders 2024, an award presented by USA TODAY and Statista Inc. The recognition highlights Materion's dedication to sustainability and environmental responsibility. The company has implemented projects focused on energy efficiency, waste reduction, and renewable energy investments. Materion is one of 49 companies recognized in the Materials & Chemicals category and one of 25 based in Ohio. The award process involved a comprehensive data analysis of emissions reduction and sustainability practices.
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