Materion Corp. (MTRN) Tops Q1 EPS by 8c
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Materion Corporation Reports First Quarter 2018 Financial Results and Confirms Outlook for 2018
April 26, 2018 7:57 AM EDTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) today reported first quarter 2018 financial results.
Net sales for the first quarter of 2018 were $303.5 million, compared to $240.7 million for the first quarter of 2017. First quarter 2018 value-added sales grew 22% to a record $181.3 million, from prior-year value-added sales of $149.0 million. First quarter 2018 net income was $0.51 per share, diluted, compared to $0.15 per share in the prior year first quarter. Adjusted earnings in the first quarter of 2018 were up 76% at $0.51 per... More