---
schema_version: "secwatch.filing_event.v1"
accession: "0001104657-23-000121"
form_type: "8-K"
ticker: "MTRN"
cik: "0001104657"
company_name: "MATERION Corp"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:24:41.590122+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Materion reports record Q2 adjusted EBITDA of $55.5M, EPS $1.38; affirms FY23 guidance $5.60-$6.00

## Summary
- Net sales $398.6M vs $445.3M YoY; value-added sales roughly flat at $268.3M.
- Adjusted EBITDA $55.5M (record Q2), up 18% from $47.0M YoY; adjusted EPS $1.38 vs $1.28 (+8%).
- Operating profit $35.4M vs $31.9M; net income $24.1M ($1.15 diluted) vs $23.3M ($1.12) YoY.
- Eleventh consecutive quarter of adjusted EBITDA and EPS growth; semiconductor softness offset by aerospace/defense and telecom strength.
- Affirmed FY 2023 adjusted EPS guidance of $5.60-$6.00, a 10% increase at the midpoint from prior year.

## SEC filing metadata
- accession: 0001104657-23-000121
- form_type: 8-K
- ticker: MTRN
- cik: 0001104657
- company_name: MATERION Corp
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000121/0001104657-23-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000121/mtrn-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104657-23-000121
- JSON: https://secwatch.observer/filing/0001104657-23-000121.json
- Plain text: https://secwatch.observer/filing/0001104657-23-000121.txt

## Key facts
- Earnings Releases
  MATERION Corp reported the second quarter of 2023 results: revenue $398.6 million, net income $24.1 million, or $1.15 per diluted share, EPS $1.15 per diluted share. Guidance reaffirmed.
  - Period: the second quarter of 2023
  - Revenue: $398.6 million
  - Net income: $24.1 million, or $1.15 per diluted share
  - EPS: $1.15 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 2, 2023 - Materion Corporation (NYSE: MTRN) today reported second quarter financial results and affirmed 2023 earnings guidance. Second Quarter 2023 Highlights • Net sales were $398.6 million; value-added sales 1 were roughly flat year over year at $268.3 million • Strong second quarter operating profit was $35.4 million; record second quarter adjusted EBITDA 2 of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000121/0001104657-23-000121-index.htm

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