Allegheny Technologies (ATI) Tops Q2 EPS by 16c
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ATI Announces Second Quarter 2018 Results
July 24, 2018 7:15 AM EDTSecond Quarter 2018 Results
Sales were $1.01 billion, 15% higher than Q2 2017 and 3% higher than Q1 2018 High Performance Materials & Components sales of $592 million, up 12% versus Q2 2017 and 6% higher than Q1 2018 Flat Rolled Products sales of $418 million, up 18% versus Q2 2017 and even with Q1 2018 Business segment operating profit was $124 million, or 12.3% of sales HPMC segment operating profit was $97.9 million, or 16.5% of sales Q2 continued strong aero-engine market sales trend FRP segment operating profit was $26.1... More