Allegheny Technologies (ATI) Tops Q2 EPS by 2c
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ATI Announces Second Quarter 2017 Results
July 25, 2017 7:20 AM EDTSales were $880 million, up 2% compared to Q1 2017 High Performance Materials & Components sales increased 3%, to $526 million Flat Rolled Products sales steady at $354 million Business segment operating profit was $71 million, or 8% of sales HPMC segment operating profit increased by 34% to $68 million, or 13% of sales Includes $2 million of start-up costs for Bakers Powder Operations FRP segment operating profit was $3 million, or 1% of sales FRP results adversely affected by falling raw material surcharges... More
