Allegheny Technologies

ATI, Inc. engages in the manufacture of specialty materials and components. It operates through the High Performance Materials and Components (HPMC) and Advanced Alloys & Solutions (AA&S) segments. The HPMC segment consists of the production of materials, parts, and components for aerospace and defense, medical, and energy markets. The Advanced Alloys & Solutions (AA&S) segment includes the production of nickel-based alloys, specialty alloys, titanium and titanium-based alloys, and stainless steel. The company was founded on August 15, 1996 and is headquartered in Dallas, TX.

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Allegheny Technologies (ATI) excels in Q4, eyes aerospace growth

Allegheny Technologies (ATI) delivered strong financial performance in Q4 2022, with revenue exceeding $1 billion for the second consecutive quarter and strategic initiatives driving growth in aerospace and defense segments.
While facing challenges in certain markets and supply chain disruptions, ATI's focus on operational efficiency, talent acquisition, and capacity expansion positions the company well for future growth and profitability.
With a clear vision for revenue growth, free cash flow conversion, and market opportunities, ATI is poised to capitalize on industry trends, navigate challenges, and create long-term value for shareholders.

Allegheny Technologies (ATI) excels in Q1, eyes growth opportunities

Allegheny Technologies (ATI) reported strong Q1 results, driven by revenue exceeding $1 billion and growth in key segments. The company is focused on operational efficiencies, strategic investments, and meeting customer demand for titanium. Challenges include capacity constraints and managing sequential headwinds, but ATI remains optimistic about future growth opportunities.

Allegheny Technologies (ATI) posts strong Q2 results, eyes A&D growth

Allegheny Technologies (ATI) reported a strong Q2 performance driven by growth in core aerospace and defense markets. The company is confident in future growth, focusing on increasing A&D content and maintaining a balanced capital strategy. Despite challenges in the Precision Rolled Strip business, ATI sees opportunities in magnetic alloys and anticipates a breakout quarter in Q4.

Allegheny Technologies (ATI) reports record A&D sales and profitability

Allegheny Technologies (ATI) delivered a strong performance in Q3, with record A&D sales and increased profitability driven by strategic actions.
Despite operational challenges, ATI remains optimistic about future growth, with a focus on cash flow generation, business expansion, and shareholder value.
The company's resilience in overcoming setbacks and capitalizing on opportunities positions ATI for sustained momentum and growth beyond 2025.

Allegheny Technologies (ATI) reports strong Q4 performance and eyes aerospace growth

Allegheny Technologies (ATI) delivered strong financial performance in Q4 2023, focusing on operational improvements and inventory management. The company's strategic actions in aerospace and defense markets and pension initiatives aim to drive long-term success. Challenges include equipment failures and operational delays, while opportunities lie in capacity expansions and market demand.

Allegheny Technologies (ATI) beats Q1 expectations, eyes supply chain resilience

Allegheny Technologies (ATI) delivered strong Q1 results, exceeding expectations and increasing EPS guidance for 2024. The company's focus on strategic growth, operational excellence, and supply chain resilience positions it well for future success. Challenges like HPMC profitability and supply chain dependencies are being addressed, while opportunities in demand growth and supplier requalification are being pursued.

Allegheny Technologies (ATI) excels in Q2, sees strong growth opportunities

Allegheny Technologies (ATI) reported a robust Q2 performance, exceeding expectations in revenue, adjusted EPS, and adjusted EBITDA. The company showcased strength in securing new sales commitments and revenue growth in key segments. While challenges exist, ATI is optimistic about its future prospects and expects solid full-year financial performance.

Allegheny Technologies (ATI) reports mixed Q3 performance, eyes Q4 opportunities

ATI faced challenges in Q3 2024 but maintained strong sales performance above $1 billion, focusing on margin expansion and value creation.
Executives highlighted financial metrics and discussed opportunities to exceed Q4 guidance, emphasizing operational efficiency and customer support.
Despite setbacks, ATI remains confident in its long-term growth prospects, underpinned by a customer-centric strategy and operational excellence.

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ATI, Inc. engages in the manufacture of specialty materials and components. It operates through the High Performance Materials and Components and Advanced Alloys and Solutions segments. The High Performance Materials and Components segment consists of the production of materials, parts, and components for aerospace and defense, medical, and energy markets. The Advanced Alloys and Solutions segment includes the production of nickel-based alloys, titanium and titanium-based alloys, and alloys in a variety of forms including plate, sheet, and PRS products. The company was founded on August 15, 1996 and is headquartered in Dallas, TX.

PITTSBURGH, Jan. 6, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, February 2, 2022 at 10:30 a.m. ET.  The conference call will be conducted after the Company's planned release of fourth quarter and full-year results.

ATI Announces Webcast for Fourth Quarter 2021 and Full-Year Results

Debt from 2020 will linger for near to mid term. Future growth is still uncertain.

Allegheny Technologies: Long Time Horizon Required

Allegheny Technologies (ATI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down 12.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Allegheny Technologies (ATI)

Allegheny's (ATI) third-quarter results benefit from increased volumes in its HPMC unit and cost-reduction measures.

Allegheny (ATI) Earnings and Revenues Beat Estimates in Q3

Allegheny Technologies, Inc. (ATI) CEO Robert Wetherbee on Q3 2021 Results - Earnings Call Transcript

The company beat on earnings and is optimistic about the rest of the year.

Why Allegheny Technologies Stock Is Up Today

Allegheny Technologies (ATI) delivered earnings and revenue surprises of 266.67% and 7.10%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Allegheny Technologies (ATI) Surpasses Q3 Earnings and Revenue Estimates

PITTSBURGH, Oct. 28, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported third quarter 2021 results, with sales of $726 million and net income attributable to ATI of $48.7 million, or $0.35 per share. Excluding pretax gains of $64.9 million for postretirement medical benefits and $13.7 million for the sale of the Flowform Products business, $2.3 million of prior restructuring charge reversals, and charges of $22.9 million for strike-related costs, adjusted net income attributable to ATI was $6.2 million, or $0.05 per share.

ATI Announces Third Quarter 2021 Results

Allegheny Technologies (ATI) 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.

Allegheny Technologies (ATI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

PITTSBURGH, Oct. 21, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced that the Board of Directors has appointed Kimberly A. Fields  to serve as Executive Vice President and Chief Operating Officer of ATI, effective January 1, 2022.

Kimberly Fields Named Chief Operating Officer, Don Newman EVP

PITTSBURGH, Sept. 30, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, October 28, 2021 at 10:30 a.m.

Allegheny Technologies Announces Webcast of Conference Call for Third Quarter 2021 Results

Allegheny (ATI) plans to use a part of the net proceeds to finance the redemption of all of its outstanding 5.875% senior notes due 2023.

Allegheny (ATI) Declares Pricing of Senior Notes Offering

PITTSBURGH, Sept. 9, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has priced its public offering of senior notes.

Allegheny Technologies Announces Pricing of Senior Notes Offering

PITTSBURGH, Sept. 8, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced today its intention to offer, subject to market and other conditions, a series of eight-year senior notes and a series of ten-year senior notes (collectively, the "Notes").

Allegheny Technologies Announces Proposed Senior Notes Offering

Allegheny Technologies (ATI) reported earnings 30 days ago. What's next for the stock?

Allegheny Technologies (ATI) Down 4.6% Since Last Earnings Report: Can It Rebound?

Allegheny (ATI) completes the sale of its Flowform business to Consolidated Boring. The deal is expected to provide the unit solid growth opportunities.

Allegheny (ATI) Wraps Up Sale of Flowform Business for $55M

PITTSBURGH, Aug. 16, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) today announced the sale of its Flowform Products business in Billerica, Massachusetts to Consolidated Boring, Inc. for $55 million in cash, completed on August 13. Consolidated Boring, Inc. is backed by a group of private investors who support medium-sized manufacturing enterprises in achieving a step change in their growth trajectory.

ATI Completes Sale of Flowform Products to Consolidated Boring, Inc.

Allegheny's (ATI) Q2 results benefit from increased volumes and cost-reduction measures.

Allegheny (ATI) Q2 Earnings and Revenues Surpass Estimates

Allegheny Technologies Incorporated (ATI) CEO Bob Wetherbee on Q2 2021 Results - Earnings Call Transcript

Allegheny Technologies (ATI) delivered earnings and revenue surprises of 40.00% and 5.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Allegheny Technologies (ATI) Reports Q2 Loss, Tops Revenue Estimates

PITTSBURGH, Aug. 3, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2021 results, with sales of $616 million and a net loss attributable to ATI of $49.2 million, or $(0.39) per share. Excluding $40.3 million of strike-related costs and $6.2 million of income from reduced restructuring charge reserves, adjusted net loss attributable to ATI was $15.1 million, or $(0.12) per share.

ATI Announces Second Quarter 2021 Results

On Tuesday, August 03, Allegheny Technologies (NYSE:ATI) will release its latest earnings report. Benzinga's outlook for Allegheny Technologies is included in the following report.

Allegheny Technologies's Earnings Outlook

Earnings Preview: Allegheny Technologies (ATI) Q2 Earnings Expected to Decline

Allegheny's (ATI) new agreement provides a competitive wage and benefit package to roughly 1,300 represented employees, covering term from Mar 1, 2021 to Feb 28, 2025.

Allegheny (ATI) Employees Ratify New Labor Agreement With USW

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