Allegheny Technologies (ATI) Tops Q1 EPS by 8c
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ATI Announces First Quarter 2018 Results
April 24, 2018 7:30 AM EDTFirst Quarter 2018 Results
Sales were $979 million, 8% higher than Q4 2017; increased 13% versus Q1 2017 High Performance Materials & Components sales of $561 million, increased 8% versus Q4 2017; up 10% year-over-year Flat Rolled Products sales of $418 million, 7% higher sequentially; up 18% versus Q1 2017 Business segment operating profit was $96.4 million, or 9.8% of sales HPMC segment operating profit was $85.5 million, or 15.2% of sales Strong Q1 aero-engine market sales FRP segment operating profit was $10.9 million, or 2.6% of sales... More