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Record Q2 performance: Value-added sales rose 15% year over year to $308.2 million, while adjusted EPS climbed 39% to a record $1.90. Adjusted EBITDA increased 29% to $71.8 million, with margins expanding to 23.3%.
Broad-based demand and backlog growth: Semiconductor sales grew 23%, telecom and data-center sales nearly 50%, and energy shipments more than 20%. Backlog rose roughly 30% year over year, supported by strong defense, ***** e, semiconductor and aerospace orders.
Raised 2026 outlook: Materion now expects mid-teens sales growth and adjusted EPS of $6.80–$7.20, up from its previous $6.00–$6.50 forecast, reflecting continued momentum across its operating segments.
Materion (NYSE:MTRN) reported record second-quarter sales and earnings, supported by double-digit growth across its three operating segments and rising demand from semiconductor, aerospace and defense, energy, industrial, and telecom and data-center customers.
#sales #Growth #million
Record Q2 performance: Value-added sales rose 15% year over year to $308.2 million, while adjusted EPS climbed 39% to a record $1.90. Adjusted EBITDA increased 29% to $71.8 million, with margins expanding to 23.3%.
Broad-based demand and backlog growth: Semiconductor sales grew 23%, telecom and data-center sales nearly 50%, and energy shipments more than 20%. Backlog rose roughly 30% year over year, supported by strong defense, ***** e, semiconductor and aerospace orders.
Raised 2026 outlook: Materion now expects mid-teens sales growth and adjusted EPS of $6.80–$7.20, up from its previous $6.00–$6.50 forecast, reflecting continued momentum across its operating segments.
Materion (NYSE:MTRN) reported record second-quarter sales and earnings, supported by double-digit growth across its three operating segments and rising demand from semiconductor, aerospace and defense, energy, industrial, and telecom and data-center customers.
#sales #Growth #million
3 months ago