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home / news releases / MTRN - Materion Non-GAAP EPS of $1.38 beats by $0.02 revenue of $398.6M misses by $41.16M

MTRN - Materion Non-GAAP EPS of $1.38 beats by $0.02 revenue of $398.6M misses by $41.16M

Materion Corporation

2023-08-02 07:13:17 ET

  • Materion press release ( NYSE: MTRN ): Q2 Non-GAAP EPS of $1.38 beats by $0.02 .
  • Revenue of $398.6M (-10.5% Y/Y) misses by $41.16M .
  • Value-added sales were $268.3 million for the quarter, roughly flat with prior year due to the expected semiconductor demand softness, offset by strength in aerospace & defense, telecom & data center and precision clad strip.
  • Affirmed adjusted earnings outlook of $5.60 - $6.00/share

For further details see:

Materion Non-GAAP EPS of $1.38 beats by $0.02, revenue of $398.6M misses by $41.16M
Stock Information
Company Name: Materion Corporation
Stock Symbol: MTRN
Market: NYSE
Website: materion.com
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