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Materion Q2 Adjusted Earnings, Revenue Rise
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Materion Q2 Adjusted Earnings, Revenue Rise
Aug 5, 2024 2:58 PM

05:35 PM EDT, 08/05/2024 (MT Newswires) -- Materion ( MTRN ) reported Q2 adjusted diluted earnings late Monday of $1.42 per share, up from $1.38 a year earlier.

Four analysts surveyed by Capital IQ expected $1.38.

Net sales for the quarter ended June 28 were $425.9 million, up from $398.6 million a year earlier.

Four analysts polled by Capital IQ expected $420.4 million.

The company revised its full-year adjusted earnings guidance to $5.60 to $5.90 per share from $5.60 to $6.20 previously.

Four analysts surveyed by Capital IQ expect $5.78.

Shares of Materion ( MTRN ) were up 1.5% in after-hours trading.

Price: 105.00, Change: +1.59, Percent Change: +1.54

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