12:17 PM EDT, 07/30/2025 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.)

Materion ( MTRN ) shares were up 10% in recent Wednesday trading after the company posted better-than-expected Q2 results.

Q2 adjusted earnings were $1.37 per diluted share, down from $1.42 a year earlier, the company said.

Four analysts polled by FactSet expected $1.16.

Net sales for the quarter ended June 27 were $431.7 million, up from $425.9 million a year earlier.

Four analysts surveyed by FactSet expected $406.4 million.

The company kept its 2025 earnings guidance unchanged from previous projections, and still expects adjusted earnings between $5.30 and $5.70 per share. Four analysts polled by FactSet expect full-year earnings of $5.06.

Price: 101.27, Change: +9.21, Percent Change: +10.00