Materion Corp. (MTRN) Misses Q1 EPS by 1c
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Materion Corporation Reports First Quarter 2020 Financial Results
April 23, 2020 7:53 AM EDTMAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN) today reported first quarter 2020 financial results and progress on key strategic initiatives.
Net sales were $277.9 million; value-added sales were $158.7 million Net loss of $0.15 per share, diluted; adjusted earnings of $0.43 per share Record first quarter cash level of $107.6 million Entered into a business arrangement with a large, new customer for future product supply Announcing intent to sell Large Area Coatings business to... More