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Materion Corporation Reports Fourth Quarter and Full-Year 2020 Financial Results and Provides First Quarter 2021 Earnings Guidance

Posted on 279 Materion Corporation (NYSE: MTRN) today reported fourth quarter and full-year 2020 financial results, provided first quarter 2021 earnings guidance, and provided an update on key strategic initiatives. Fourth Quarter 2020 Highlights Net sales were $339.7 million compared to $287.2 million in the third quarter; value-added sales increased 14% sequentially to $190.8 million Net income of $0.39 per share, diluted; adjusted earnings of $0.70 per share (including a $.06 per share increase from the change to FIFO accounting), up for the third consecutive quarter Advanced several key strategic initiatives including: Completed full quarter of shipments for the new precision clad engineered strip project Continued Optics Balzers integration, creating a world leader in precision optics

United statesMayfield heightsJohng mccloskeyData centerConsumer electronicsMaterion corporationOptics balzersJugal vijayvargiyaChief executiveQuarterly reportValue added salesOperating profitPass through metalExcluding specialExpense specialProfit special items

Materion Corporation Announces Annual Meeting Date and Declares Dividend

Materion Corporation Announces Annual Meeting Date and Declares Dividend
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United statesMayfield heightsJohng mccloskeyMaterion corporationAnnual meetingஒன்றுபட்டது மாநிலங்களில்மேஃபீல்ட் உயரங்கள்ஆண்டு சந்தித்தல்

Materion Corporation Announces Annual Meeting Date and Declares Dividend

Press release content from Business Wire. The AP news staff was not involved in its creation. Materion Corporation Announces Annual Meeting Date and Declares Dividend February 4, 2021 GMT MAYFIELD HEIGHTS, Ohio (BUSINESS WIRE) Feb 4, 2021 Materion Corporation (NYSE- MTRN) today announced March 8, 2021 as the record date for shareholders’ voting at its Annual Meeting to be held on May 6, 2021. DIVIDEND The Company also announced today the declaration of its first quarter dividend of $0.115 per share payable on March 5, 2021 to shareholders of record on February 17, 2021. The dividend is a reflection of the Company’s continued confidence in the strength of its business, its prospects for long-term growth and its ability to continue to grow the business organically, as well as through acquisitions while returning cash to shareholders.

United statesMayfield heightsJohng mccloskeyMaterion corporationAnnual meetingInvestor contactBusiness wireஒன்றுபட்டது மாநிலங்களில்மேஃபீல்ட் உயரங்கள்ஆண்டு சந்தித்தல்முதலீட்டாளர் தொடர்புவணிக கம்பி