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 supplies advanced materials solutions for semiconductor, industrial, aerospace and defense, energy, and automotive markets. Its news commonly covers quarterly and annual results, value-added sales, adjusted earnings measures, dividend declarations, and updates from businesses such as Electronic Materials and Precision Optics.
Company updates also address specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, precision filters, optical coatings, customer-funded capacity initiatives, sustainability assessments, annual shareholder matters, and operational developments involving precision clad strip products.
Materion Corporation (NYSE: MTRN) will hold its annual shareholder’s meeting on May 17, 2023, at 8:00 a.m. (EDT) in Newton, Massachusetts.
Headquartered in Mayfield Heights, Ohio, Materion is a leader in advanced materials solutions for industries such as semiconductor, aerospace, and automotive. With nearly 100 years of experience, the company employs over 3,700 people and serves customers in more than 60 countries worldwide.
Materion Corporation (NYSE: MTRN) reported record financial results for Q4 and full-year 2022. Q4 net sales reached $434.6 million, with value-added sales rising 30% year-over-year to $309.2 million. Operating profit was $39.2 million and net income per share was $1.38, a 32% increase compared to the prior year. For FY 2022, net sales totaled $1.76 billion, up 16%, and adjusted EPS reached $5.27, a 30% increase. The company anticipates 2023 adjusted EPS of $5.50 to $5.90, reflecting strong market growth despite expected short-term softness.
Materion Corporation (NYSE: MTRN) is set to announce its Q4 2022 and full-year financial results on February 16, 2023, prior to the opening of the New York Stock Exchange. The company's CEO, Jugal Vijayvargiya, and CFO, Shelly Chadwick, will host a conference call at 9:00 AM ET to discuss the financial performance and outlook for 2023. Participants can join the call via phone at (888) 506-0062 or through a live webcast on Materion's website. A recorded version will be available until March 2, 2023.
Materion Corporation (NYSE: MTRN) has declared a quarterly dividend of $0.125 per share for Q4 2022. This dividend is payable on March 10, 2023, to shareholders on record as of February 23, 2023. Materion, based in location value="LU/us.oh.mayhts"Mayfield Heights, Ohio, specializes in advanced engineered materials, supplying products such as specialty metals and engineered beryllium alloys to global markets.
Materion Corporation (NYSE: MTRN) reported record third quarter financial results with net sales reaching $428.2 million, a year-over-year increase from $388.0 million. Value-added sales surged 35% to $290.4 million. Operating profit was $29.1 million, while adjusted EBITDA reached a record $48.8 million. Net income was $20.0 million, or $0.96 per diluted share. The company updated its 2022 adjusted EPS guidance to $5.15 to $5.25.
Strategic initiatives include a $20 million investment for capacity expansion and projects aimed at clean energy solutions.
Materion Corporation (NYSE: MTRN) announced a fourth quarter 2022 dividend of $0.125 per share. The dividend will be payable on December 8, 2022, to shareholders of record by the close of business on November 16, 2022. Materion, based in location value="LU/us.oh.mayhts"Mayfield Heights, Ohio, supplies advanced materials including specialty metals, inorganic chemicals, and engineered alloys to global markets. This dividend announcement reflects the company's commitment to providing returns to its shareholders.
Materion Corporation (NYSE: MTRN) will attend Baird’s 2022 Global Industrial Conference on November 9, 2022, in Mayfield Heights, Ohio. CEO Jugal Vijayvargiya and CFO Shelly Chadwick will conduct an in-person fireside chat at 9:40 AM CDT, with opportunities for one-on-one investor meetings throughout the day. Materion, through its subsidiaries, specializes in advanced enabling materials, including specialty metals and engineered beryllium alloys, targeting global markets.
Materion Corporation (NYSE: MTRN) is set to announce its third quarter 2022 financial results on November 2, 2022, before the New York Stock Exchange opens. The company will host a conference call at 9:00 AM ET on the same day, led by CEO Jugal Vijayvargiya and CFO Shelly Chadwick. Participants can join via phone or a live webcast available on www.materion.com. A recorded playback will be accessible until November 16, 2022.
Materion Corporation (NYSE: MTRN) announced a strategic investment of over $20 million in its Newton, Massachusetts facility, enhancing semiconductor materials production. This investment follows the company's acquisition of HCS-Electronic Materials in November 2021 and aims to increase capacity for high-value tantalum products by more than 20%. The company expanded its workforce by 27% at the site, positioning itself as a key supplier in a rapidly growing semiconductor market.
Materion Corporation (NYSE: MTRN) is set to participate in CL King’s 20th Annual Best Ideas Conference on September 12, 2022. Key executives, including Jugal Vijayvargiya, Shelly Chadwick, and John Zaranec, will engage in virtual one-on-one meetings with investors. Materion, located in Mayfield Heights, Ohio, specializes in providing advanced enabling materials including specialty metals and engineered alloys to global markets.