Materion adopts EBITDA as primary operating metric effective Q1 2022

MATERION Corp

New metric due to increased purchase accounting amortization from recent acquisitions affecting comparability.
Historical EBITDA and adjusted EBITDA provided for each quarter of 2019–2021 and full years 2018–2021.
Segment-level EBITDA shown for Performance Alloys, Advanced Materials, Precision Optics, and Other.
FY 2021 total EBITDA: $126.4M; adjusted EBITDA: $143.6M vs. FY 2020 EBITDA of $54.5M; adjusted $97.8M.
No current-period financial results or guidance changes reported in this filing.

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