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

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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LAS VEGAS--(BUSINESS WIRE)---- $AP #140_million_shares_distributed--Ault Alliance Announces Special Dividend with a Record Date of April 20, 2023; Up to 140 Million Shares and Warrants to be Distributed to Stockholders

Ault Alliance Announces Special Dividend with a Record Date of April 20, 2023

LAS VEGAS--(BUSINESS WIRE)---- $AP #3D_metaverse_platform--Metaverse Platform BITNILE.

Metaverse Platform BITNILE.COM Surpasses 675,000 Active Users in Just Over a Month

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--Ault Alliance's Subsidiary, Circle 8, Expands Leadership Team with Appointment of Crane Industry Veteran Arnold Mabee as CEO

Ault Alliance's Subsidiary, Circle 8, Expands Leadership Team With Appointment of Crane Industry Veteran Arnold Mabee as CEO

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--Ault Alliance's Subsidiary, Ault Energy, LLC, Strikes Oil on First Two Joint Drilling Projects, Suggesting Bright Future With More Wells in Pipeline

Ault Alliance's Subsidiary, Ault Energy, LLC, Strikes Oil on First Two Joint Drilling Projects, Suggesting a Bright Future With More Wells in the Pipeline

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--Ault Alliance Announces Share Buyback of up to 333,333,333 Shares of Common Stock at $0.

Ault Alliance Announces Share Buyback of up to 333,333,333 Shares of Common Stock at $0.15 per Share Through Exchange Offer for New Class of Preferred Stock

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--Metaverse Platform BITNILE.

Metaverse Platform BITNILE.COM Surpasses 500,000 Active Users in First Month of Early Access Launch

LAS VEGAS--(BUSINESS WIRE)---- $AP #ARGO--Ault Alliance's Subsidiary, BitNile Inc.

Ault Alliance's Subsidiary, BitNile Inc., Collaborates with Core Scientific for Bitcoin Mining Expansion

LAS VEGAS--(BUSINESS WIRE)---- $AP #10_Million_Convertible_Preferred--Ault Alliance Announces Agreement to Sell $10.

Ault Alliance Announces Agreement to Sell $10.0 Million Stated Value of Convertible Preferred Stock

LAS VEGAS--(BUSINESS WIRE)---- $AP #2023_Revenue_Guidance--Ault Alliance Provides 2023 Revenue Guidance of More Than $200 Million; Expects 50% Revenue Growth Driven by Recent Acquisitions and Expansion Plans

Ault Alliance Provides 2023 Revenue Guidance of More Than $200 Million

Ampco-Pittsburgh Corporation (NYSE:AP ) Q4 2022 Earnings Conference Call March 21, 2023 10:30 AM ET Company Participants Kim Knox - Corporate Secretary Michael McAuley - Senior VP, CFO and Treasurer Brett McBrayer - CEO and Director Dave Anderson - President of Air & Liquid Systems Corporation Sam Lyon - President of Union Electric Steel Corporation Conference Call Participants David Wright - Henry Investment Trust Dennis Scannel - Rutabaga Capital Management Operator Welcome to the Ampco-Pittsburgh Corporation Fourth Quarter 2022 Earnings Results Conference Call. All participants will be in a listen-only mode.

Ampco-Pittsburgh Corporation (AP) Q4 2022 Earnings Call Transcript

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $93.5 million and $390.2 million for the three and twelve months ended December 31, 2022, compared to $84.5 million and $344.9 million for the three and twelve months ended December 31, 2021, respectively.

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Fourth Quarter and Full Year 2022 Results

LAS VEGAS--(BUSINESS WIRE)---- $AP #1000_Per_Preferred_Share--Ault Alliance Plans to Initiate Exchange Offer For Up to $50 Million Preferred, Stated Value $10.00 PPS (Effective Common Stock Price $0.

Ault Alliance Plans to Initiate an Exchange Offer in Which It Would Offer Up to $50 Million in Preferred Shares With a Stated Value of $10.00 per Share (An Effective Price of $0.15 per Share of Common Stock Exchanged)

LAS VEGAS--(BUSINESS WIRE)---- $AP #1000_Bitcoin_Mined--Ault Alliance Subsidiary Achieves Bitcoin Mining Production Milestone of 1,000 Bitcoin Mined to Date at Its Michigan Data Center

Ault Alliance Subsidiary Achieves Bitcoin Mining Production Milestone of 1,000 Bitcoin Mined to Date at Its Michigan Data Center

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--Ault Alliance Announces Termination of At-the-Market Equity Offering Program; Terminated ATM to Limit Stockholder Uncertainty & Unfavorable Dilution

Ault Alliance Announces Termination of At-the-Market Equity Offering Program

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Tuesday, March 21, 2023, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the fourth quarter ended December 31, 2022. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time.

Ampco-Pittsburgh Corporation Announces Fourth Quarter 2022 Results Conference Call Date

LAS VEGAS--(BUSINESS WIRE)---- $AP #3D_immersive_games--BITNILE.

BITNILE.COM Early Access Metaverse Platform Goes Live in Over 176 Countries

LAS VEGAS--(BUSINESS WIRE)---- $AP #10_year_lease--Ault Alliance Subsidiary Acquires Two Land Lease Agreements and Two Power Purchase Agreements in Montana from TypeX to Expand Bitcoin Mining Operation

Ault Alliance Subsidiary Acquires Two Land Lease Agreements and Two Power Purchase Agreements in Montana from TypeX to Expand Bitcoin Mining Operations

BITNILE.COM to Launch Early Access to Its Immersive Metaverse Platform At Mobile World Congress Barcelona 2023

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--BITNILE.COM Announces Creation of “NILE” Coin Available Exclusively for In-World Use on BITNILE.

BITNILE.COM Announces Creation of “NILE” Coin Available Exclusively for In-World Use on BITNILE.COM

LAS VEGAS--(BUSINESS WIRE)---- $AP #AC_Management--Ault Alliance Appoints Data Center Services Veteran, Jay Looney, as the Chief Executive Officer of its Wholly Owned Subsidiary, AC Management, Inc.

Ault Alliance Announces the Addition of Data Center Services Veteran, Jay Looney, as the Chief Executive Officer of its Wholly-Owned Subsidiary, AC Management, Inc.

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), will raise base prices 10-15% on all forged and cast roll products that it and its subsidiaries produce globally. This increase is effective on all new quotations and new orders. Material and energy surcharges will remain in effect.

Ampco-Pittsburgh Subsidiaries to Increase Prices on Forged and Cast Rolls

LAS VEGAS--(BUSINESS WIRE)---- $AP #AULT--Ault Alliance Announces Update on Dividend of Shares of TurnOnGreen and Giga-tronics to Stockholders; Both Subsidiaries Filed Registration Statements

Ault Alliance Announces Update on Dividend of Shares of TurnOnGreen and Giga-tronics to Its Stockholders

LAS VEGAS--(BUSINESS WIRE)---- $AP #4th_Quarter_Preliminary_Revenue_Forecast--Ault Alliance Announces Record Preliminary 2022 Revenue of $134 Million, up 156% from 2021; Reports Preliminary Revenue for Q4 2022 of $34.

Ault Alliance Announces Record Preliminary 2022 Revenue of $134 Million, up 156% from 2021

LAS VEGAS--(BUSINESS WIRE)---- $AP #AMEX--Ault Alliance, Inc. Subsidiary, BitNile, Inc.

Ault Alliance, Inc. Subsidiary BitNile, Inc. Moving 6,572 Bitcoin Miners Out of Texas Hosted Facility

LAS VEGAS--( BUSINESS WIRE )--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“Ault Alliance” or the “Company”), announced today that after consultation with the NYSE American, the Company is proceeding with the previous announced spin-off of securities related to Imperalis Holdings, Inc. (at times referred to as TurnOnGreen) (“TurnOnGreen”) and Giga-tronics Incorporated (“GIGA”). The Company remains committed to issuing to its stockholders 140 million shares of TurnOnGreen common stock and warrants to purchase an additional 140 million shares of TurnOnGreen common stock and 7 million shares of GIGA common stock beneficially owned by Ault Alliance. The Company will announce the record dates and payment dates of the planned dividends as it moves through the processes of filing registration statements and obtaining final regulatory approvals.

News for Ampco-Pittsburgh Stock (AP)