Materion Corp - MTRN STOCK NEWS

Materion Corporation (NYSE: MTRN), based in Mayfield Heights, Ohio, is set to participate in the KeyBanc Industrials and Basic Materials Conference on June 1, 2022. The company's executives, including President and CEO Jugal Vijayvargiya, CFO Shelly Chadwick, and Chief Accounting Officer John Zaranec, will hold one-on-one meetings with investors throughout the event. Materion specializes in advanced engineered materials, including specialty metals and beryllium products.

Materion Corporation (NYSE: MTRN) announced the appointment of John Zaranec as chief accounting officer, effective May 4, 2022. In this role, he will oversee all accounting functions and investor relations to ensure accurate financial reporting and effective communication with stakeholders. Having joined Materion in April 2021 as vice president, John is noted for his leadership and improvements in accounting processes. He holds a master's degree in Accountancy and is a certified public accountant.

Materion Corporation (NYSE: MTRN) has announced a dividend increase of $0.125 per share, reflecting a rise of $0.005 or approximately 5%. This dividend is set to be paid on June 16, 2022, to shareholders who are on record by the close of business on May 27, 2022. Based in Mayfield Heights, Ohio, Materion provides a range of advanced engineered materials including specialty metals and beryllium alloys.

Materion Corporation (NYSE: MTRN) reported first quarter 2022 financial results, showing net sales of $449.0 million, up from $354.4 million year-over-year. Record value-added sales reached $266.8 million, a 34% increase. Operating profit slightly decreased to $19.6 million, while net income was $14.0 million, or $0.68 per diluted share. Adjusted EBITDA surged to $44.6 million, a 49% increase. The company raised its 2022 adjusted EPS guidance to $5.50 - $5.90, supported by strong demand and successful acquisitions, particularly in the semiconductor market.

Materion Corporation (NYSE: MTRN) will release its first quarter 2022 financial results on April 28, 2022, before the opening of the New York Stock Exchange. A conference call will be held at 9:00 AM ET with key executives including Jugal Vijayvargiya and Shelly Chadwick participating. Investors can join the call by dialing (888) 506-0062. A live webcast will be available on the company's website, with a recorded playback accessible until May 12, 2022. Materion specializes in advanced enabling materials for global markets.

Materion Corporation (NYSE: MTRN) reported strong fourth quarter and full-year 2021 results. Fourth quarter net sales reached $397.2 million, with record value-added sales of $237.4 million, a 27% year-over-year increase. Full-year net sales totaled $1.5 billion, also up 28%. Adjusted earnings per share rose 47% in Q4 to $1.03 and 88% for the year to $3.81. The company anticipates adjusted earnings per share of $4.80 to $5.20 for 2022, reflecting strong market demand and successful integration of acquisitions.

Materion Corporation (NYSE: MTRN) will host its annual shareholder’s meeting on May 4, 2022, at 8:30 AM EST. The meeting will be conducted virtually, with a live audio webcast available via the company’s website.

Shareholders who are recorded as of March 7, 2022, will have the right to participate and vote. This meeting is a crucial opportunity for investors to engage with the company and its strategic direction.

Materion Corporation (NYSE: MTRN) will release its fourth-quarter and full-year 2021 financial results on February 17, 2022, before the opening of the New York Stock Exchange. A conference call is scheduled for 9:00 AM ET with executives including Jugal Vijayvargiya, Shelly Chadwick, and John Zaranec presenting. Investors can join via a live dial-in or webcast available on the company’s website. A recorded playback will be accessible until March 3, 2022.

Materion Corporation (NYSE: MTRN) announced a quarterly dividend of $0.12 per share, payable on March 11, 2022, to shareholders recorded by the close of business on February 24, 2022. The company, headquartered in Mayfield Heights, Ohio, specializes in providing advanced materials, including specialty metals and engineered alloys, to global markets.