Materion: Fourth Quarter Financial Highlights
Materion Corp. Announces Fourth Quarter Financial Results
Materion Corp., headquartered in Mayfield Heights, Ohio, revealed that it earned $6.6 million during the fourth quarter.
The company reported earnings of 31 cents per share, while adjusted earnings, which exclude one-time expenses, reached $1.53 per share.
During this period, Materion, a provider of advanced materials for the technology sector, generated $489.8 million in revenue.
For the entire year, Materion posted a net income of $74.8 million, translating to $3.58 per share, with total annual revenue amounting to $1.79 billion.
Looking ahead, the company anticipates its full-year earnings to fall between $6 and $6.50 per share.
Financial data for this article was compiled using information from Zacks Investment Research and Automated Insights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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