---
schema_version: "secwatch.filing_event.v1"
accession: "0001104657-23-000015"
form_type: "8-K"
ticker: "MTRN"
cik: "0001104657"
company_name: "MATERION Corp"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T08:44:00.055267+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Materion reports record Q4 and FY2022; adj. EPS up 32% YoY; guides FY2023 adj. EPS $5.50-$5.90

## Summary
- Q4 record value-added sales $309.2M (+30% YoY); adjusted EPS $1.49 (up 32% YoY).
- Full-year adjusted EBITDA record $196.0M (17.1% of value-added sales); adjusted EPS $5.27 (up 30%).
- 2023 adjusted EPS guidance $5.50-$5.90, midpoint +8% vs prior year.
- New partnerships: $15M customer-funded clean energy project; 3-year supply agreement with $10M order for space propulsion.

## SEC filing metadata
- accession: 0001104657-23-000015
- form_type: 8-K
- ticker: MTRN
- cik: 0001104657
- company_name: MATERION Corp
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000015/0001104657-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000015/mtrn-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104657-23-000015
- JSON: https://secwatch.observer/filing/0001104657-23-000015.json
- Plain text: https://secwatch.observer/filing/0001104657-23-000015.txt

## Key facts
- Earnings Releases
  MATERION Corp reported full year 2023 results: EPS $5.50 to $5.90 for full year 2023 adjusted earnings per share. Guidance initiated.
  - Period: full year 2023
  - EPS: $5.50 to $5.90 for full year 2023 adjusted earnings per share
  - Guidance: initiated
  - Result: guidance update
  source text: we are guiding to the range of $5.50 to $5.90 for full year 2023 adjusted earnings per share, an increase of 8% at the midpoint versus the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000015/0001104657-23-000015-index.htm
- Earnings Releases
  MATERION Corp reported Fourth Quarter 2022 results: revenue $434.6 million, net income $28.8 million, or $1.38 per diluted share, EPS $1.38 per share, diluted; adjusted earnings per share of $1.49.
  - Period: Fourth Quarter 2022
  - Revenue: $434.6 million
  - Net income: $28.8 million, or $1.38 per diluted share
  - EPS: $1.38 per share, diluted; adjusted earnings per share of $1.49
  - Result: reported results
  source text: quarter and full-year 2022 financial results, provided 2023 earnings guidance, and shared an update on key strategic initiatives. Fourth Quarter 2022 Highlights • Net sales were $434.6 million; value-added sales 1 increased 30% year over year to a record $309.2 million • Operating profit was $39.2 million; adjusted earnings before interest, taxes, depreciation,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000015/0001104657-23-000015-index.htm
- Earnings Releases
  MATERION Corp reported Full Year 2022 results: revenue $1.76 billion, net income $86.0 million, or $4.14 per diluted share, EPS $4.14 per share, diluted; record adjusted earnings per share of $5.27.
  - Period: Full Year 2022
  - Revenue: $1.76 billion
  - Net income: $86.0 million, or $4.14 per diluted share
  - EPS: $4.14 per share, diluted; record adjusted earnings per share of $5.27
  - Result: reported results
  source text: income of $1.38 per share, diluted; adjusted earnings per share of $1.49, up 32% year over year and an all-time record for the Company Full Year 2022 Highlights • Net sales were $1.76 billion; value-added sales were a record $1.14 billion, up 33% from the prior year • Operating profit was $119.8 million; adjusted earnings before interest, taxes, depreciation,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000015/0001104657-23-000015-index.htm
- Earnings Releases
  MATERION Corp updated its the fourth quarter and full year 2022 guidance (initiated).
  - Period: the fourth quarter and full year 2022
  - Guidance: initiated
  - Result: reported results
  source text: On February 16, 2023, Materion Corporation issued a press release announcing its results for the fourth quarter and full year 2022. The press release is attached hereto as Exhibit 99.1, which is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000015/0001104657-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.