Materion reports Q1 adjusted EPS $1.13, consensus $1.04

Reports Q1 revenue $420.3M, consensus $398.66M. “I am pleased with our strong start to the year, despite the volatile macro environment. Our teams executed well to deliver strong operational performance and record first quarter margins on modest top line growth,” said Jugal Vijayvargiya, CEO. “We also drove significantly improved cash flow in the quarter, with a focus on reducing inventory and thoughtfully pacing investments. While there is increased uncertainty around the eventual impact of tariffs on our results and the broader economy, we continue to expect our business to perform well for the balance of the year. We are actively managing our supply chains and making adjustments where necessary to minimize the disruption that tariffs may cause.”