secwatch.observer — SEC 8-K summary
======================================

Issuer:     MATERION Corp (MTRN)
CIK:        0001104657
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001104657-22-000154
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Materion reports record Q3 adjusted EPS of $1.31; updates FY2022 guidance to $5.15-$5.25
--------------------------------------------------------------------------------

- Q3 net sales $428.2M; value-added sales record $290.4M (+35% YoY).
- Adjusted EPS $1.31 (record), up 14% YoY; GAAP EPS $0.96.
- Adjusted EBITDA record $48.8M, up from $41.2M prior year.
- Updated FY2022 adjusted EPS guidance to $5.15-$5.25 (~30% YoY increase).
- Headwinds: unmitigated tantalum costs, weaker semiconductor mix, lower yields at Performance Materials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104657/000110465722000154/0001104657-22-000154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104657/000110465722000154/mtrn-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001104657-22-000154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer