Allegheny Technologies

ATI, Inc. engages in the manufacture of specialty materials and components. It operates through the High Performance Materials and Components (HPMC) and Advanced Alloys & Solutions (AA&S) segments. The HPMC segment consists of the production of materials, parts, and components for aerospace and defense, medical, and energy markets. The Advanced Alloys & Solutions (AA&S) segment includes the production of nickel-based alloys, specialty alloys, titanium and titanium-based alloys, and stainless steel. The company was founded on August 15, 1996 and is headquartered in Dallas, TX.

Earnings data Q4 2023

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ATI experiences solid growth, driven by robust demand, expanded capacity and operational excellence, which is positioning the company for continued success in the aerospace, defense, and energy sectors.

Here's Why You Should Add ATI Stock to Your Portfolio Now

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5 Stocks With Recent Price Strength Backed by a Blockbuster 1H

Allegheny Technologies (ATI) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Recent Price Trend in Allegheny Technologies (ATI) is Your Friend, Here's Why

DALLAS , July 3, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Wednesday, August 2, 2023, at 9:30 a.m. CT (10:30 a.m.

ATI Announces Webcast for Second Quarter 2023 Results

Proven aerospace and defense financial leader   DALLAS , June 26, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named David Weston vice president of Investor Relations, effective July 1. Dave will work closely with ATI's business leaders and the investor community in support of the company's business and financial strategy.

ATI names David Weston Vice President, Investor Relations

ATI is collaborating with clients to ensure secure supply during this period of restricted supply for vital materials.

ATI Gets Defense & Aerospace Sales Commitments Worth $1.2B

Allegheny Technologies (ATI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Allegheny Technologies (ATI) Upgraded to Strong Buy: Here's What You Should Know

Significant new and increased share positions solidify ATI as aero industry leader  PARIS , June 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced it has secured an estimated $1.2 billion in new sales commitments from leading aerospace and defense companies. The collective commitments cover nickel and titanium, materials critical to premium manufacturers as they ramp production to meet increasing demand.

ATI secures estimated $1.2 billion in aerospace and defense sales commitments

Driving strategic growth through tightly aligned operations and disciplined execution  DALLAS , June 6, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) today announced that Kimberly A. Fields will become president and chief operating officer, effective July 1, 2023.

Kimberly Fields Named President and Chief Operating Officer

Allegheny Technologies (ATI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Allegheny Technologies (ATI) Rating Upgrade to Buy

The upside in the top line of ATI is primarily due to a rise in aerospace and defense sales in Q1.

ATI's Q1 Earnings Top on Strong Aerospace & Defense Sales

ATI Inc. (NYSE:ATI ) Q1 2023 Earnings Conference Call May 4, 2023 10:30 AM ET Company Participants Tom Wright - IR Robert Wetherbee - Board Chair, President, and CEO Kimberly Fields - Executive Vice President and COO Donald Newman - Executive Vice President and CFO Conference Call Participants Richard Safran - Seaport Research Partners Philip Gibbs - KeyBanc Seth Seifman - JPMorgan David Strauss - Barclays Gautam Khanna - Cowen Operator Hello, everyone, and welcome to the ATI First Quarter 2023 Earnings Call. My name is Bruno, and I'll be the operator of today.

ATI Inc. (ATI) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Allegheny Technologies (ATI) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Allegheny Technologies (ATI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Allegheny Technologies (ATI) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.40 per share a year ago.

Allegheny Technologies (ATI) Q1 Earnings and Revenues Surpass Estimates

Planned renovation of 136-unit complex marks CPP's first investment in Pittsburgh Planned renovation of 136-unit complex marks CPP's first investment in Pittsburgh

CPP Announces Acquisition of Allegheny Commons Apartments in Pittsburgh, Pennsylvania

Aerospace and Defense sales propel strong year over year growth Q1 2023 sales of $1.04 billion up 3% over Q4 2022 and 25% higher than Q1 2022 Q1 2023 net income attributable to ATI of $70.1 million, or $0.48 per share Aerospace and defense represent 56% of Q1 2023 sales, up from 53% of Q4 2022 sales and up from 44% of Q1 2022 sales Non-GAAP information Q1 2023 adjusted net income attributable to ATI of $71.2 million, and adjusted EPS of $0.49 per share Q1 2023 ATI adjusted EBITDA was $132.7 million, or 12.8% of sales DALLAS , May 4, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) reported first quarter 2023 results, with sales of $1.04 billion and net income attributable to ATI of $70.1 million, or $0.48 per share.    Sequential Y-O-Y ($ in millions except per share amounts) Q1 2023 Q4 2022 Change Q1 2022 Change Sales $1,038.1 $1,010.4 3 % $834.1 25 % Net income attributable to ATI $70.1 $76.9 (9) % $30.9 127 % Earnings per share $0.48 $0.53 (9) % $0.23 109 % Non-GAAP information Adjusted net income attributable to ATI* $71.2 $76.9 (7) % $56.7 26 % Adjusted earnings per share* $0.49 $0.53 (8) % $0.40 23 % ATI adjusted EBITDA* $132.7 $140.1 (5) % $125.0 6 % Adjusted earnings per share* for Q1 2023 was $0.49, and ATI adjusted EBITDA* was $132.7 million, or 12.8% of sales.

ATI Announces First Quarter 2023 Results

ATI: Investments In Aerospace And Defense Make It Undervalued.

ATI: Investments In Aerospace And Defense Make It Undervalued

Here is how Allegheny Technologies (ATI) and Linde (LIN) have performed compared to their sector so far this year.

Is ATI Inc. (ATI) Outperforming Other Basic Materials Stocks This Year?

DALLAS , March 30, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, May 4th, 2023, at 10:30 a.m. ET.  The conference call will be conducted after the Company's planned release of first quarter results.

ATI Announces Webcast for First Quarter 2023 Results

Allegheny Technologies (ATI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Allegheny Technologies (ATI) Is a Great Choice for 'Trend' Investors, Here's Why

Allegheny Technologies (ATI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Allegheny Technologies (ATI) Upgraded to Strong Buy: What Does It Mean for the Stock?

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DALLAS , March 2, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) today announced that Ruby Sharma has been appointed to the ATI Board of Directors. Sharma is a global business leader with cross-sector financial and audit committee expertise.

Global Financial Expert Ruby Sharma Joins ATI Board

If you are looking for stocks that are well positioned to maintain their recent uptrend, Allegheny Technologies (ATI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Allegheny Technologies (ATI) Should Keep going

Here is how Allegheny Technologies (ATI) and Veritiv (VRTV) have performed compared to their sector so far this year.

News for Allegheny Technologies Stock (ATI)