Materion Corp Q4: Large Precision Clad Strip Client Flags Quality Issue With Materion-Produced Material In Manufacturing
Jan 23 (Reuters) - Materion Corp MTRN.N:
MATERION CORP: IN Q4, LARGE PRECISION CLAD STRIP CUSTOMER IDENTIFIED A QUALITY ISSUE WITH MATERION-PRODUCED MATERIAL USED IN ITS MANUFACTURING PROCESS
MATERION CORP - EXPECTS $20-$25 MILLION CHARGE DUE TO QUALITY ISSUES - SEC FILING
MATERION CORP: TEMPORARILY IDLED PRODUCTION FACILITIES RESPONSIBLE FOR THIS MATERIAL WHILE CONDUCTING A THOROUGH INVESTIGATION
MATERION CORP - ANTICIPATES DELIVERING ADJUSTED EPS IN RANGE OF $1.50 - $1.55 IN Q4 & $5.40 - $5.45 FOR FULL YEAR
MATERION CORP: NEW PROCESSES HAVE BEEN APPROVED AND IMPLEMENTED, PRODUCTION ASSETS ARE NOW BACK ONLINE AND WILL BE RAMPING UP THROUGH Q1 2026
MATERION CORP: DO NOT ANTICIPATE MATERIAL IMPACT TO OUR 2026 VOLUME FOR CLAD STRIP CUSTOMER
Source text: [ID:n0001104657-26-000002]
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