Materion Corp (MTRN) SEC Filing 10-Q Quarterly report for the period ending Friday, September 28, 2018

Earnings Press Release
10-Q Quarterly Report
10-Q QoQ Changes
Materion Corp
Ticker: MTRN CIK: 1104657

NEWS RELEASE

MATERION CORPORATION REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS, RAISES FULL-YEAR 2018 GUIDANCE, AND DECLARES FOURTH QUARTER DIVIDEND

MAYFIELD HEIGHTS, Ohio - October 25, 2018 - Materion Corporation (NYSE:MTRN) today reported third quarter 2018 financial results.


•	Net sales for the third quarter 2018 were $297.2 million, compared to $294.3 million for the third quarter 2017.


•	Third quarter 2018 value-added sales were $181.9 million, up 6% from $171.4 million in the prior year third quarter.


•	Third quarter 2018 net income was $0.97 per share, diluted, compared to $0.46 per share in the prior year third quarter.


•	Record adjusted earnings of $0.68 per share, diluted, were up 36% for third quarter 2018 compared to $0.50 per share in the third quarter 2017.


•	The Company is raising its full-year adjusted earnings guidance range to $2.20 to $2.30 per share, diluted, representing an approximate 30% year-over-year increase.

The following information was filed by Materion Corp (MTRN) on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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