Materion: 2Q Earnings Snapshot
Posted July 23, 2020 4:59 am.
Last Updated July 23, 2020 5:02 am.
This article is more than 5 years old.
MAYFIELD HEIGHTS, Ohio (AP) _ Materion Corp. (MTRN) on Thursday reported second-quarter profit of $6.7 million.
On a per-share basis, the Mayfield Heights, Ohio-based company said it had profit of 32 cents. Earnings, adjusted for non-recurring costs, came to 49 cents per share.
The supplier of engineered materials to technology companies posted revenue of $271.5 million in the period.
Materion shares have increased nearly 4% since the beginning of the year. The stock has decreased almost 2% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTRN at https://www.zacks.com/ap/MTRN
The Associated Press
