Materion Q2 record value-added sales $279.8M (+4% YoY); guides FY2024 adj. EPS $5.60-5.90

MATERION Corp

2024-Q2 EPS reported $1.55 revenue$811,153,000

Record adjusted EPS $1.42, up 3% YoY; GAAP EPS $0.91 vs $1.15 last year.
Record quarterly adjusted EBITDA $57.8M (20.7% of value-added sales).
Won $150M multi-year contract for space propulsion critical materials.
Customer to invest ~$10M to expand capacity at existing Materion site.
FY2024 adjusted EPS guidance range lowered to $5.60-5.90 (midpoint +2% YoY) on softer semi/auto/industrial demand.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.