Materion is trading 10.66% down at $203.18 as investors digest its November 4 third-quarter report, which showed revenue below estimates. - Revenue was $567.3 million, versus the $611.38 million estimate; available coverage does not explicitly confirm the shortfall caused the intraday drop. - Adjusted EPS of $1.93 beat the $1.91 consensus, and full-year adjusted EPS guidance rose to $7.10–$7.40. - Value-added sales reached a record $313.7 million, up 19% year over year, and management cited a record backlog.