Materion corporation reports record second quarter results and affirms 2023 outlook

Mayfield heights, ohio--(business wire)--materion corporation (nyse: mtrn) today reported second quarter financial results and affirmed 2023 earnings guidance. second quarter 2023 highlights net sales were $398.6 million; value-added sales1 were roughly flat year over year at $268.3 million strong second quarter operating profit was $35.4 million; record second quarter adjusted ebitda2 of $55.5 million versus $47.0 million in the prior year, an increase of 18% second quarter records for both ne.
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