Allegheny Technologies (ATI) Tops Q3 EPS by 22c
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ATI Announces Third Quarter 2020 Results
October 29, 2020 7:30 AM EDTDelivering cost savings ahead of schedule
Sales of $598 million reflecting challenged market conditions in commercial aerospace Net loss attributable to ATI of $50.1 million, or $(0.40) per share Adjusted net loss of $47.8 million, or $(0.38) per share, excluding restructuring Adjusted EBITDA of $16.6 million, or 2.8% of sales $572 million of cash at September 30, approximately $950 million of total liquidity Reduced managed working capital by $115 millionPITTSBURGH--(BUSINESS WIRE)-- Allegheny Technologies Incorporated (NYSE: ATI) reported... More
