MTRN - Materion Non-GAAP EPS of $1.49 beats by $0.13 revenue of $434.6M misses by $4.8M
- Materion press release ( NYSE: MTRN ): Q4 Non-GAAP EPS of $1.49 beats by $0.13 .
- Revenue of $434.6M (+9.4% Y/Y) misses by $4.8M .
- value-added sales increased 30% year over year to a record $309.2 million
- Despite an expectation of short-term softness in certain markets, we expect another year of strong end market outgrowth as a direct result of our organic initiatives. With this, we are guiding to the range of $5.50 to $5.90 vs. $5.51 consensus for full year 2023 adjusted earnings per share, an increase of 8% at the midpoint versus the prior year
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Materion Non-GAAP EPS of $1.49 beats by $0.13, revenue of $434.6M misses by $4.8M