Materion: Q1 Earnings Snapshot

Associated Press Finance
01 May

MAYFIELD HEIGHTS, Ohio (AP) — MAYFIELD HEIGHTS, Ohio (AP) — Materion Corp. (MTRN) on Thursday reported earnings of $17.7 million in its first quarter.

On a per-share basis, the Mayfield Heights, Ohio-based company said it had net income of 85 cents. Earnings, adjusted for one-time gains and costs, came to $1.13 per share.

The supplier of engineered materials to technology companies posted revenue of $420.3 million in the period.

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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