Allegheny Technologies (ATI) Misses Q3 EPS by 2c
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ATI Announces Third Quarter 2018 Results
October 23, 2018 7:15 AM EDTThird Quarter 2018 Results
Sales were $1.02 billion, 17% higher than Q3 2017 and in line with Q2 2018 High Performance Materials & Components sales of $586 million, up 14% versus Q3 2017, down 1% versus Q2 2018 Flat Rolled Products sales of $435 million, up 22% versus Q3 2017 and up 4% sequentially Business segment operating profit was $106 million, or 10.3% of sales HPMC segment operating profit was $76 million, or 13.0% of sales Aerospace and defense market strength continues FRP segment operating profit was $30 million, or... More