Materion Corp. (MTRN) Tops Q4 EPS by 3c, Offers Guidance
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Materion Corporation Reports Fourth Quarter and Full-Year 2015 Financial Results
February 18, 2016 1:17 PM ESTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) today reported fourth quarter and full-year 2015 financial results.
Fourth quarter 2015 GAAP earnings were $0.33 per share, diluted. Adjusted fourth quarter earnings were $0.36 per share, diluted, in line with Company expectations. Full-year 2015 earnings were $1.58 per share, diluted. Adjusted earnings for 2015 were $1.60 per share, diluted, as compared to adjusted earnings per share of $1.67 in 2014. Net sales for the fourth quarter of 2015 were $214.0 million. Value-added sales were $143.4 million, 14% below fourth quarter 2014 value-added sales. Net sales for the full-year... More