Allegheny Technologies (ATI) Misses Q3 EPS by 6c, Misses on Revenue; Offers FY24 EPS Guidance

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ATI Announces Third Quarter 2024 Results

October 29, 2024 7:30 AM EDT

Ninth consecutive quarter with sales in excess of $1 billion

Q3 2024 sales of $1.05 billionQ3 2024 net income attributable to ATI of $82.7 million, or $0.57 per shareAerospace & defense represent 62% of Q3 2024 salesFull year 2024 guidance updated Non-GAAP Information*Q3 adjusted net income attributable to ATI of $85.9 million, or $0.60 per shareQ3 2024 ATI adjusted EBITDA of $185.7 million, or 17.7% of sales, up 100 basis points sequentially

DALLAS, Oct. 29,... More