04:38 AM EDT, 05/02/2024 (MT Newswires) -- Materion ( MTRN ) reported fiscal Q1 adjusted earnings late Wednesday of $0.96 per diluted share, down from $1.34 a year earlier.

Analysts polled by Capital IQ expected $0.96.

Revenue for the quarter ended March 29 was $385.3 million, compared with $442.5 million a year earlier.

Analysts surveyed by Capital IQ expected $387.3 million.

The company also revised its full-year 2024 adjusted earnings guidance to $5.60 to $6.20 per share, from $6.10 to $6.50 previously. Analysts polled by Capital IQ expect $5.97.

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