Allegheny Technologies (ATI) Reports Q1 EPS of $0.16

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ATI Announces First Quarter 2017 Results

April 25, 2017 7:30 AM EDT

Sales were $866 million, up 9% compared to Q4 2016 High Performance Materials & Components sales increased 7%, to $510 million Flat Rolled Products sales increased 11%, to $356 million Business segment operating profit was $70 million, or 8% of sales HPMC segment operating profit was $51 million, or 10% of sales Includes $2 million of start-up costs for Bakers Powder Operations FRP segment operating profit was $19 million, or 5% of sales FRP results benefitted from $6 million of surcharge method changes... More