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MTRN - Materion Non-GAAP EPS of $1.03 in-line revenue of $397.2M misses by $30.83M
Materion Corporation
Materion press release (NYSE:MTRN): Q4 Non-GAAP EPS of $1.03 in-line. Revenue of $397.2M (+16.9% Y/Y) misses by $30.83M. 2022 adjusted earnings per share is expected to be in the range of $4.80 to $5.20. Excluding acquisition related amortization, adjusted earnings per share is expected to be in the range of $5.30 to $5.70, an increase of 35% at the midpoint versus the comparable prior year metric vs. consensus of $4.78.