Form 8-K ALLEGHENY TECHNOLOGIES For: Oct 20
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Allegheny Technologies (ATI) Tops Q3 EPS by 4c
October 21, 2014 7:18 AM EDTAllegheny Technologies (NYSE: ATI) reported breakeven Q3 loss, $0.04 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.12 billion.
We continued to build the foundation for profitable growth in the third quarter 2014 and we are beginning to see the benefits of ATIs transformation, capital investments, acquisitions, and technology innovations, said Rich Harshman, Chairman, President and Chief Executive Officer. Segment operating profit improved and ATI achieved breakeven results from continuing operations, including commissioning and qualification costs associated with our strategic capital growth projects. Segment operating profit... More
