Materion Corp. (MTRN) Reports In-Line Q3 EPS
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Materion Corporation Reports Third Quarter 2015 Financial Results and Declares Fourth Quarter Dividend
October 29, 2015 8:15 AM EDTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) today reported third quarter 2015 financial results.
Third quarter 2015 GAAP earnings were $0.34 per share, diluted. Adjusted third quarter earnings were $0.40 per share, diluted, in line with Companys expectations. First nine months of 2015 GAAP earnings were $1.24 per share, diluted. Adjusted earnings for the first nine months of 2015 were $1.24 per share, diluted, 7% above prior-year adjusted earnings of $1.16 per share, diluted. Net sales for the third quarter of 2015 were $244.4 million. Value-added sales were $148.8 million, 10% below third quarter 2014... More