Bullish Options Activity in Allegheny Technologies (ATI) Continues -Susquehanna

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Go back to Bullish Options Activity in Allegheny Technologies (ATI) Continues -Susquehanna

Allegheny Technologies (ATI) Q2 EPS Falls Short of Views; Completes Extension of ABL and Term Loan

June 29, 2017 7:38 AM EDT

Allegheny Technologies Incorporated (NYSE: ATI) today commented on the second quarter 2017 and said that it has extended its Asset Based Lending (ABL) facility, including the maturity of its $100 million term loan, to February 2022.

Second quarter performance is consistent with the outlook we provided in April, said Rich Harshman, ATIs Chairman, President and Chief Executive Officer. For our High Performance Materials and Components segment, the next-generation aerospace ramp remains on track. Segment performance continues to improve in the second quarter with sequentially higher operating profit and operating... More