---
schema_version: "secwatch.filing_event.v1"
accession: "0001104657-23-000149"
form_type: "8-K"
ticker: "MTRN"
cik: "0001104657"
company_name: "MATERION Corp"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:59:38.688439+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Materion Q3 adjusted EPS $1.51 up 15% YoY; reaffirms FY2023 guidance midpoint $5.80

## Summary
- Net sales $403.1M; value-added sales $270.5M (down 5% YoY on semiconductor softness, offset by aerospace/defense strength).
- Record Q3 GAAP EPS $1.27; adjusted EPS $1.51, up 15% vs $1.31 prior year.
- Adjusted EBITDA $55.4M (record Q3), up 14% vs $48.8M; operating profit $36.5M vs $29.1M.
- Full-year adjusted EPS guidance narrowed to $5.70-$5.90, midpoint $5.80 (10% YoY increase).
- Twelfth consecutive quarter of adjusted EBITDA and adjusted EPS growth; outperformed 20% EBITDA margin target.

## SEC filing metadata
- accession: 0001104657-23-000149
- form_type: 8-K
- ticker: MTRN
- cik: 0001104657
- company_name: MATERION Corp
- filed_at: 2023-11-01T23:59:59+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/1104657/000110465723000149/0001104657-23-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000149/mtrn-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104657-23-000149
- JSON: https://secwatch.observer/filing/0001104657-23-000149.json
- Plain text: https://secwatch.observer/filing/0001104657-23-000149.txt

## Key facts
- Earnings Releases
  MATERION Corp reported third quarter of 2023 results: revenue $403.1 million, net income $26.6 million, or $1.27 per diluted share, EPS $1.27 per diluted share. Guidance reaffirmed.
  - Period: third quarter of 2023
  - Revenue: $403.1 million
  - Net income: $26.6 million, or $1.27 per diluted share
  - EPS: $1.27 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Corporation (NYSE: MTRN) today reported third quarter financial results and affirmed the midpoint of the 2023 earnings guidance. Third Quarter 2023 Highlights • Net sales were $403.1 million; value-added sales 1 were $270.5 million • Strong third quarter operating profit of $36.5 million versus $29.1 million in the prior year; record third quarter adjusted EBITDA 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465723000149/0001104657-23-000149-index.htm

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