Materion corporation reports record third quarter 2023 results

Mayfield heights, ohio--(business wire)--materion corporation (nyse: mtrn) today reported third quarter financial results and affirmed the midpoint of the 2023 earnings guidance. third quarter 2023 highlights net sales were $403.1 million; value-added sales1 were $270.5 million strong third quarter operating profit of $36.5 million versus $29.1 million in the prior year; record third quarter adjusted ebitda2 of $55.4 million versus $48.8 million in the prior year, an increase of 14% record thir.
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