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, July 14, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced its employees have ratified a new four-year labor agreement with the United Steelworkers, ending the strike that began March 30, 2021. As part of an orderly return to work process, employees will begin returning to active employment the week of July 19, 2021, with production ramping in the weeks ahead.

ATI Employees Complete Ratification of New Four-Year Agreement

Allegheny's (ATI) tentative agreement rewards its hard-working employees and contributes to its long-term viability.

Allegheny (ATI) Reaches Tentative Deal With United Steelworkers

PITTSBURGH, July 6, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced it has reached tentative agreement for its labor contract with the United Steelworkers (USW) covering approximately 1,300 represented employees located primarily within the Advanced Alloys & Solutions segment operations for the term covering March 1, 2021 – February 28, 2025. The tentative agreement is subject to ratification by USW members in the coming weeks.

ATI and United Steelworkers Reach Tentative Agreement

PITTSBURGH, June 30, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, August 3, 2021 at 8:30 a.m. ET.  The conference call will be conducted after the Company's planned release of second quarter 2021 results.

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

Allegheny (ATI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Allegheny (ATI) Stock a Solid Choice Right Now?

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PITTSBURGH, May 20, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced that at the conclusion of its 2021 Annual Meeting today, Robert S. Wetherbee became Board Chair in addition to his role as Chief Executive Officer and President.

CEO Robert S. Wetherbee Becomes ATI Board Chair

Allegheny's (ATI) Q1 results benefit from increased volumes and cost-reduction measures.

Allegheny (ATI) Q1 Earnings and Revenues Surpass Estimates

Allegheny Technologies Incorporated (ATI) CEO Robert Wetherbee on Q1 2021 Results - Earnings Call Transcript

Allegheny Technologies (ATI) delivered earnings and revenue surprises of 75.00% and 13.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Allegheny Technologies (ATI) Reports Q1 Loss, Tops Revenue Estimates

PITTSBURGH, April 29, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported first quarter 2021 results, with sales of $693 million and a net loss attributable to ATI of $7.9 million, or $(0.06) per share. Adjusted EBITDA was $62.6 million, or 9.0% of sales.

ATI Announces First Quarter 2021 Results

Allegheny Technologies (ATI) possesses 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) Expected to Beat Earnings Estimates: Should You Buy?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Allegheny Technologies (ATI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Allegheny Technologies (ATI) Is Attractively Priced Despite Fast-paced Momentum

PITTSBURGH, April 1, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, April 29, 2021 at 8:30 a.m. ET.  The conference call will be conducted after the Company's planned release of first quarter 2021 results.

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

PITTSBURGH, March 26, 2021 /PRNewswire/ -- The United Steelworkers (USW) today said that the union has given ATI (NYSE: ATI) management a notice of the union's intent to strike over unfair labor practices beginning at 7 a.m. (EDT) on Tuesday, March 30, 2021.

Steelworkers Intend to Strike ATI over Unfair Labor Practices

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

Why Is Allegheny Technologies (ATI) Up 7.7% Since Last Earnings Report?

Allegheny's (ATI) Q4 results benefit from improved sales of high-value products and cost-reduction measures.

Allegheny (ATI) Beats Earnings and Sales Estimates in Q4

Allegheny Technologies Incorporated (ATI) CEO Robert Wetherbee on Q4 2020 Results - Earnings Call Transcript

Allegheny Technologies (ATI) delivered earnings and revenue surprises of 10.81% and 11.68%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Allegheny Technologies (ATI) Reports Q4 Loss, Tops Revenue Estimates

Shares of Allegheny Technologies (NYSE:ATI) decreased 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 191.67% year over year to ($0.33), which beat the estimate of ($0.36).

Allegheny Technologies: Q4 Earnings Insights

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Confluent Medical Technologies Inc. (“Confluent”) today announced an expansion of its supply agreement with Allegheny Technologies (ATI) related to the manufacture and supply of ELI Nitinol, a specialized metal alloy used primarily to produce high-performance minimally invasive medical devices and components. Under the revised agreement, Confluent will provide funding to increase the furnace capacity at ATI Specialty Alloys and Components to produce ELI Nitin

Confluent Medical Technologies Expands Relationship with Allegheny Technologies to Increase Capacity for Manufacturing Nitinol

Per Allegheny (ATI), these initiatives will accelerate the execution of its high-value strategy, mainly in the defense and aerospace.

Allegheny (ATI) to Exit Stainless Sheet Products Business

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Reduced asset utilization rates and lower overall demand hurt Allegheny's (ATI) Q3 operating margins in the HPMC unit.

News for Allegheny Technologies Stock (ATI)