MAYFIELD HEIGHTS, Ohio (AP) — MAYFIELD HEIGHTS, Ohio (AP) — Materion Corp. (MTRN) on Wednesday reported a loss of $48.9 million in its fourth quarter.
On a per-share basis, the Mayfield Heights, Ohio-based company said it had a loss of $2.33. Earnings, adjusted for one-time gains and costs, came to $1.55 per share.
The supplier of engineered materials to technology companies posted revenue of $436.9 million in the period.
For the year, the company reported profit of $5.9 million, or 28 cents per share. Revenue was reported as $1.68 billion.
Materion expects full-year earnings in the range of $5.30 to $5.70 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTRN at https://www.zacks.com/ap/MTRN
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