Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Materion (MTRN)

Materion Q3 net sales rise to $436.7 million, but net income falls to $22.3 million

Mixed Impact 3 of 5 earnings Written later

Materion reported third quarter 2024 net sales of $436.7 million, up from $403.1 million a year earlier, while value-added sales fell 2% to $263.8 million. Net income dropped to $22.3 million, or $1.07 per diluted share, from $26.6 million, or $1.27 per share, and the company guided to full year 2024 adjusted earnings of $5.20 to $5.40 per share.

Key points

  • Q3 adjusted EBITDA was a record $56.7 million versus $55.4 million, with a 21.5% margin of value-added sales
  • Q3 adjusted earnings were $1.41 per diluted share versus $1.51 a year earlier
  • Full year 2024 adjusted earnings guidance is $5.20 to $5.40 per share
  • Company announced the sale of a non-core large area targets business for architectural glass in Albuquerque, New Mexico, with the transaction dated October 25, 2024

The filing

CompanyMaterion (MTRN)
Form8-K, current report
Filed with the SECOct 30, 2024, 7:09 AM ET
Accession number0001104657-24-000143

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.