Materion corporation reports first quarter 2024 financial results

Mayfield heights, ohio--(business wire)--materion corporation (nyse: mtrn) today reported first quarter 2024 financial results and provided an update to 2024 earnings guidance. financial summary net sales were $385.3 million; value-added sales1 were $257.8 million net income was $13.4 million, or $0.64 per share, diluted, and adjusted earnings of $0.96 per share full year adjusted earnings outlook updated to $5.60-$6.20 per share, a 5% increase year over year at the midpoint first quarter 2024.
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