Materion Corp. (MTRN) Tops Q4 EPS by 12c, Slight Miss on Revenues; Offers FY19 EPS Guidance Above Consensus
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Materion Corporation Reports Fourth Quarter and Full-Year 2018 Financial Results and Provides 2019 Earnings Guidance
February 14, 2019 7:53 AM ESTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) today reported record fourth quarter and full-year 2018 financial results and provided 2019 earnings guidance.
Fourth Quarter 2018 Results
Net sales were $298.1 million; Value-added sales increased 3% to a fourth quarter record of $185.8 million Operating profit was $14.4 million; Adjusted operating profit improved 29% to a fourth quarter record of $18.1 million Net loss was $1.03 per share, diluted; Adjusted earnings were up 27% to a fourth quarter record of $0.65 per shareFull Year 2018 Results
Net sales were $1.2... More