BUZZ-Materion rises on upbeat quarterly results

Reuters

2025/02/20

BUZZ-<a href="https://laohu8.com/S/MTRN">Materion</a> rises on upbeat quarterly results

** Shares of alloys and chemicals maker Materion MTRN.N up 4.01% at $103.74

** Co posts Q4 sales of $436.9 million, above analysts' average estimate of $433.2 million, according to data compiled by LSEG

** Also reports Q4 adj. profit of $1.55 per share, above analysts' average estimate of $1.45

** Expects FY25 adj. profit between $5.30 and $5.70 per share

** Co remains cautiously optimistic about the market dynamics entering 2025, and expects mid-single digit top-line growth from businesses, excluding precision clad strip

** Shares fell ~24.01% in 2024

(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

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