Allegheny Technologies (ATI) Tops Q2 EPS by 16c

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ATI Announces Second Quarter 2016 Results

July 26, 2016 7:30 AM EDT

Second Quarter 2016 Results

Sales were $811 million, up 7% compared to Q1 2016 High Performance Materials & Components sales were $498 million, up 1% Flat Rolled Products sales were $312 million, up 18% Business segment operating profit was $7 million High Performance Materials & Components segment operating profit improved by over 33% compared to Q1 2016, to $39 million, or 8% of sales Flat Rolled Products segment operating loss decreased over 70% compared to Q1 2016, to $32 million Net loss attributable to ATI... More