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Materion: Q1 Earnings Snapshot

ByDan Haar

Apr 28, 2022

MAYFIELD HEIGHTS, Ohio (AP) _ Materion Corp. (MTRN) on Thursday reported first-quarter profit of $14 million.

On a per-share basis, the Mayfield Heights, Ohio-based company said it had profit of 68 cents. Earnings, adjusted for one-time gains and costs, came to $1.20 per share.

The supplier of engineered materials to technology companies posted revenue of $449 million in the period.

Materion expects full-year earnings in the range of $5.50 to $5.90 per share.

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