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Net sales were $277.9 million; value-added sales were $158.7 million
Net loss of $0.15 per share, diluted; adjusted earnings of $0.43 per share
Record first quarter cash level of $107.6 million
Entered into a business arrangement with a large, new customer for future product supply
Announcing intent to sell Large Area Coatings business to continue portfolio optimization
Closing two facilities to further reduce structural cost
The following information was filed by Materion Corp (MTRN) on Thursday, April 23, 2020 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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