Allegheny Technologies (ATI) Misses Q4 EPS by 4c, Revenues Beat
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ATI Announces Full Year and Fourth Quarter 2018 Results
January 22, 2019 7:15 AM ESTFull Year 2018 Results
Sales were $4.05 billion, up 15% versus prior year 49% of ATI sales to the aerospace and defense markets Segment operating profit was $413 million, or 10.2% of sales, up 46% versus 2017 High Performance Materials & Components (HPMC) segment operating profit was $335 million, or 14.4% of sales Flat Rolled Products (FRP) segment operating profit was $78 million, or 4.5% of sales Net income attributable to ATI was $222.4 million, or $1.61 per share Significant improvement following prior years restructuring actions... More