Materion corp reports q1 loss per share $0.15

Oration reports first quarter 2020 financial results.q1 adjusted earnings per share $0.43.q1 loss per share $0.15.q1 sales $277.9 million versus refinitiv ibes estimate of $263.5 million.q1 earnings per share estimate $0.44 -- refinitiv ibes data.says announcing intent to sell large area coatings business to continue portfolio optimization.says closing two facilities to further reduce structural cost.expect q2 financial performance to be comparable or slightly better than q1.not providing full-year earnings guidance.has received a significant order from a new customer for manufacturing of precision clad engineered strip products.
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