Allegheny Technologies (ATI) Tops Q1 EPS by 20c
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ATI Announces First Quarter 2022 Results
May 4, 2022 7:30 AM EDTAerospace-driven growth continues, with ongoing focus on ramp readiness to support customersÂ
Sales of $834.1 million, 9% above fourth quarter 2021 and 20% higher than prior yearNet income attributable to ATI of $30.9 million, or $0.23 per shareRepurchased 3.5 million shares of ATI stock for $90 million, averaging $25.57/shareNon-GAAP informationAdjusted net income attributable to ATI of $56.7 million, and adjusted EPS of $0.40 ATI Adjusted EBITDA was $125 million, or 15% of... More