---
schema_version: "secwatch.filing_event.v1"
accession: "0001104657-24-000063"
form_type: "8-K"
ticker: "MTRN"
cik: "0001104657"
company_name: "MATERION Corp"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-02T23:53:09.314324+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Materion Q1 net sales $385.3M, adjusted EPS $0.96, full-year guidance $5.60-$6.20

## Summary
- Net sales $385.3M, down 13% from $442.5M YoY; value-added sales $257.8M, down 14%.
- Net income $13.4M ($0.64 diluted) vs $25.6M ($1.23) prior year; adjusted EPS $0.96.
- Full-year adjusted EPS guidance narrowed to $5.60-$6.20 (5% YoY growth at midpoint).
- Semiconductor and industrial weakness offset by space & defense strength; margins held at 17.5% of value-added sales.
- CEO cites temporary operational challenges and softer demand; cost initiatives offset some impact.

## SEC filing metadata
- accession: 0001104657-24-000063
- form_type: 8-K
- ticker: MTRN
- cik: 0001104657
- company_name: MATERION Corp
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1104657/000110465724000063/0001104657-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104657/000110465724000063/mtrn-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104657-24-000063
- JSON: https://secwatch.observer/filing/0001104657-24-000063.json
- Plain text: https://secwatch.observer/filing/0001104657-24-000063.txt

## Key facts
- Earnings Releases
  MATERION Corp reported first quarter 2024 results: revenue $385.3 million, net income $13.4 million, EPS $0.64 per share, diluted. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $385.3 million
  - Net income: $13.4 million
  - EPS: $0.64 per share, diluted
  - Guidance: reaffirmed
  - Result: reported results
  source text: 2024 - Materion Corporation (NYSE: MTRN) today reported first quarter 2024 financial results and provided an update to 2024 earnings guidance. Financial Summary • Net sales were $385.3 million; value-added sales 1 were $257.8 million • Net income was $13.4 million, or $0.64 per share, diluted, and adjusted earnings of $0.96 per share • Full year adjusted earnings
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104657/000110465724000063/0001104657-24-000063-index.htm

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