Ampco-Pittsburgh

Ampco-Pittsburgh Corp. is engaged in the manufacture and sale of custom designed engineering products. It operates through the Forged and Cast Engineered Products, and Air and Liquid Processing segments. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls and open-die forged products. Forged hardened steel rolls are used primarily in cold rolling mills by producers of steel, aluminum and other metals. The Air and Liquid Processing segment includes the Aerofin, Buffalo Air Handling, and Buffalo Pumps divisions. The company was founded in 1929 and is headquartered in Carnegie, PA.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Ampco-Pittsburgh reports Q4 growth, faces challenges from geopolitical events

Ampco-Pittsburgh showed improved sales and operating income in Q4 2022. Pricing actions helped combat inflation, and operational rates improved globally. Challenges from geopolitical events and market softness were noted, but the company remains optimistic about future opportunities.

Ampco-Pittsburgh reports robust Q1 earnings amidst backlog growth and efficiency gains

Ampco-Pittsburgh's Q1 2023 performance reflects solid financial results, operational improvements, and strong demand across key segments.
While facing capital expenditure challenges and market uncertainties, the company's focus on efficiency and backlog growth presents opportunities for sustained success.
Strategic initiatives like the equipment modernization program and positive sales trends position Ampco-Pittsburgh for continued growth and profitability in the future.

Ampco-Pittsburgh reports solid Q2 earnings, eyes growth opportunities ahead

Ampco-Pittsburgh's Q2 earnings call highlighted strong performances, record sales growth, and positive market outlook, underscoring the company's operational resilience and growth potential.
While facing challenges in cost management and pricing strategies, the company aims to leverage opportunities in additive manufacturing, market growth, and operational efficiency.
With a transformative vision and focus on stakeholder value, Ampco-Pittsburgh is poised to navigate challenges, capitalize on opportunities, and drive sustainable growth in the future.

Ampco-Pittsburgh (AP) reports strong Q3 earnings and strategic growth

Ampco-Pittsburgh (AP) delivered positive earnings per share and strong financial results in Q3 2023, showcasing resilience and operational efficiency. The company's business segments performed well, with notable achievements in sales, backlog growth, and strategic projects.
Despite challenges in Europe, AP demonstrated its ability to navigate obstacles and capitalize on opportunities in the market. The company's focus on operational excellence and customer relationships contributed to its overall success.
Looking ahead, AP remains optimistic about its operational performance and growth prospects. By addressing challenges, leveraging strengths, and seizing opportunities, the company aims to sustain its positive momentum and drive long-term value for stakeholders.

Ampco-Pittsburgh reports mixed Q4 results, eyes growth opportunities ahead

Ampco-Pittsburgh navigated challenges in Europe but saw growth in key segments. Strategic initiatives and record sales position the company for future success. Asbestos-related costs and working capital pressures are areas of concern.

Ampco-Pittsburgh faces Q1 losses but eyes growth opportunities ahead

Ampco-Pittsburgh reported mixed financial results in Q1 2024, with revenue growth in the Air & Liquid Systems segment but a net loss for the quarter.
The company faces challenges from operational issues and a decline in total backlog, requiring strategic adjustments to improve financial performance.
Despite these challenges, Ampco-Pittsburgh remains focused on addressing market conditions, enhancing manufacturing capacity, and seizing growth opportunities.
Investors should monitor the company's efforts to overcome challenges and capitalize on opportunities for long-term value creation.

Ampco-Pittsburgh (AP) reports strong Q2 earnings, eyes growth opportunities

Ampco-Pittsburgh (AP) delivered a strong performance in Q2 2024, with notable revenue and income growth. While facing challenges in margin improvements and debt reduction, the company has opportunities for expansion and market impact. Management highlighted operational improvements and growth prospects during the earnings call.

Ampco-Pittsburgh reports Q3 income growth amidst market challenges

Ampco-Pittsburgh's Q3 performance showed improved margins and operating efficiencies, despite challenges like weaker demand in certain segments.
The company's strengths lie in backlog growth, consistent revenue in key segments, and positive market indicators.
Opportunities include additional funding for modernization and a focus on operational efficiency for future growth.

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Ampco-Pittsburgh (AP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ampco-Pittsburgh (AP) to Report Q3 Results: Wall Street Expects Earnings Growth

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation") announced today that it would be presenting at the Sidoti Virtual Microcap Conference on November 19, 2020. J. Brett McBrayer, Chief Executive Officer, will present a corporate overview and update at 10:00 AM ET, followed by a live Q&A session with registered investors and other conference attendees. You may access a live webcast of the virtual event using this link or from the Investors section of t

Ampco-Pittsburgh Corporation (NYSE: AP) to Present at November 2020 Sidoti Virtual Microcap Conference

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Ampco-Pittsburgh (AP) Is Up 24.31% in One Week: What You Should Know

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Ampco-Pittsburgh (AP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Ampco-Pittsburgh (AP) Upgraded to Buy: Here's What You Should Know

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or "Ampco-Pittsburgh") announced today that it issued an open letter to its shareholders to thank those who participated in the recent equity rights offering and to clarify the terms of the Series A Warrants. The full text of the letter follows: Dear Investor, On behalf of the entire Corporation, I want to thank you for participating in our recent equity rights offering. As a result of your actions, we ra

Ampco-Pittsburgh Corporation (NYSE: AP) Issues Open Letter to Shareholders from CEO

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or "Ampco-Pittsburgh") announced today the closing of its previously announced rights offering. At closing, the Corporation delivered up to 5,507,889 shares of the Corporation's common stock (the "Common Shares") and 12,339,256 Series A warrants for total gross proceeds of $19,278,854, excluding any proceeds that may be received by the Corporation from the future exercise of the Series A warrants. The rig

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Closing of Rights Offering

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation” or “Ampco-Pittsburgh”) announced today that the subscription period of its previously announced rights offering expired on Friday, September 18, 2020, at 5:00 PM Eastern Time (the “Expiration Time”), and these rights are no longer exercisable. The subscriptions totaled approximately 12.3 million units, raising gross proceeds of approximately $19.3 million, excluding any proceeds that may be received by th

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Expiration of Rights Offering; Raised Approximately $19.3 Million in Gross Proceeds

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation” or “Ampco-Pittsburgh”) announced today that it has received $18,557,202.89 of subscriptions (approximately 93% subscribed) for its up to $20 million rights offering.

Ampco-Pittsburgh Corporation (NYSE: AP) Announces 93% Subscription for its Rights Offering and Extension of Expiration Date to Friday, September 18, 2020

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation” or “Ampco-Pittsburgh”) reminds its rights holders of upcoming deadlines and essential details of its previously announced rights offering.

Ampco-Pittsburgh Corporation Reminds Shareholders of Approaching Rights Offering Expiration

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation” or “Ampco-Pittsburgh”) announced today it has commenced the subscription period for its previously announced rights offering.

Ampco-Pittsburgh Corporation Rights Offering Subscription Period Begins

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation” or “Ampco-Pittsburgh”) today announced the pricing of the units and Series A warrants being offered as part of its previously announced $20.0 million rights offering (the “rights offering”).

Ampco-Pittsburgh Corporation Announces Pricing of Units and Series A Warrants for its Rights Offering

Ampco-Pittsburgh Corp (AP) CEO Brett McBrayer on Q2 2020 Results - Earnings Call Transcript

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation”) reports net income for the three and six months ended June 30, 2020, of $0.7 million, or $0.05 per share, and $4.8 million, or $0.38 per share, respectively.

Ampco-Pittsburgh Corporation Announces Second Quarter 2020 Results

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation” or “Ampco-Pittsburgh”) announced today it is confirming the below calendar for its proposed rights offering (“rights offering”).

Ampco-Pittsburgh Corporation Confirms Calendar for Proposed Rights Offering

Analysts Estimate Ampco-Pittsburgh (AP) to Report a Decline in Earnings: What to Look Out for

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Thursday, August 6, 2020, at 10:30 a.m.

Ampco-Pittsburgh Second Quarter 2020 Results Conference Call

CARNEGIE, Pa.--(BUSINESS WIRE)--Third paragraph, third sentence of release should read: through 5:00 PM ET, Wednesday, September 16, 2020 (instead of through 5:00 PM ET Friday, Wednesday, September 16, 2020).

CORRECTING and REPLACING Ampco-Pittsburgh Corporation Announces Tentative Calendar for Proposed Rights Offering

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation”) announced today the tentative calendar for its previously proposed rights offering (“rights offering”).

Ampco-Pittsburgh Corporation Announces Tentative Calendar for Proposed Rights Offering

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the “Corporation”) announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) for a proposed rights offering in which it plans to distribute to its shareholders non-transferable subscription rights to purchase up to $20.0 million of units. Each unit will consist of shares of common stock (the “Common Shares”) and warrants to purchase Common Shares. Under t

Ampco-Pittsburgh Corporation Files Registration Statement for Proposed Rights Offering to its Shareholders

Is  (AP) Outperforming Other Industrial Products Stocks This Year?

Is AmpcoPittsburgh (AP) Outperforming Other Industrial Products Stocks This Year?

Ampco-Pittsburgh Corp (AP) CEO Brett McBrayer on Q1 2020 Results - Earnings Call Transcript

News for Ampco-Pittsburgh Stock (AP)