Materion Corp. (MTRN) Tops Q1 EPS by 4c

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Materion Corporation Reports First Quarter 2015 Financial Results

April 30, 2015 8:18 AM EDT

Confirms Outlook for 2015

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) today reported first quarter 2015 financial results.

First quarter 2015 GAAP earnings were $0.47 per share, diluted. This compares to $0.35 per share, diluted, earned in the first quarter of 2014. Adjusted first quarter earnings were $0.41 per share, diluted, up 41%, compared to $0.29 per share, diluted, in the first quarter of 2014. Net sales for the first quarter of 2015 were $290.0 million. Value-added sales were $162.6 million, up 12% compared to the prior year period.... More