Materion Corporation Reports Third Quarter 2024 Financial Results
Materion Corporation (MTRN)
Last materion corporation earnings: 4/23 07:53 am
Check Earnings Report
US:NYSE Investor Relations:
investor.materion.com/investor-relations
Company Research
Source: Business Wire
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported third quarter 2024 financial results.Financial SummaryNet sales were $436.7 million; value-added sales1 were $263.8 millionNet income was $22.3 million, or $1.07 per share, diluted; adjusted earnings of $1.41 per shareOperating profit of $31.3 million; record third quarter adjusted EBITDA2 of $56.7 million versus $55.4 million in the prior year quarterBusiness HighlightsDelivered record quarterly adjusted EBITDA margin of 21.5%Strategic actions implemented to reduce cost and deliver strong performance despite soft environmentAnnouncing sale of non-core large area targets business for architectural glass in Albuquerque, New Mexico4Appointed new Precision Optics President to lead business transformation“I am proud of the outstanding performance our team delivered, despite weak end market conditions,” Jugal Vijayvargiya, Materion President & CEO said. “While navigating this challenging environme
Show less
Read more
Impact Snapshot
Event Time:
MTRN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTRN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTRN alerts
High impacting Materion Corporation news events
Weekly update
A roundup of the hottest topics
MTRN
News
- Materion Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Materion Corporation Declares Quarterly Cash DividendBusiness Wire
- Materion Corporation to Announce Third Quarter 2024 Financial Results on October 30Business Wire
- Medical Coatings Market to Grow by USD 5.07 Billion from 2024-2028, Driven by Geriatric Population Growth and AI-Redefining the Market Landscape - Technavio [Yahoo! Finance]Yahoo! Finance
- Why Shares of Materion Are Plunging This Week [Yahoo! Finance]Yahoo! Finance
MTRN
Earnings
- 10/30/24 - Beat
MTRN
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 4
- 11/8/24 - Form 4
- MTRN's page on the SEC website