Materion Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 398.55 million compared to USD 445.3 million a year ago. Net income was USD 24.08 million compared to USD 23.26 million a year ago. Basic earnings per share from continuing operations was USD 1.17 compared to USD 1.13 a year ago. Diluted earnings per share from continuing operations was USD 1.15 compared to USD 1.12 a year ago.
For the six months, sales was USD 841.08 million compared to USD 894.34 million a year ago. Net income was USD 49.67 million compared to USD 37.27 million a year ago. Basic earnings per share from continuing operations was USD 2.41 compared to USD 1.82 a year ago. Diluted earnings per share from continuing operations was USD 2.38 compared to USD 1.8 a year ago.