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ATI Inc - ATI STOCK NEWS

Welcome to our dedicated news page for ATI (Ticker: ATI), a resource for investors and traders seeking the latest updates and insights on ATI.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ATI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ATI's position in the market.

Rhea-AI Summary
ATI Inc. completes significant expansion at Vandergrift Operations, transforming Specialty Rolled Products to lead in titanium and nickel-based alloys. The expansion consolidates production from five locations, enhancing production of high-value materials for aerospace and defense. The new bright anneal line and state-of-the-art control systems provide world-class finishing capabilities. ATI's commitment to innovation and customer partnerships ensures exceptional performance in challenging environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.03%
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Rhea-AI Summary
ATI (NYSE: ATI) has announced the webcast for its first quarter 2024 earnings conference call. The call is scheduled for April 30, 2024, at 7:30 a.m. CT (8:30 a.m. ET), with results to be published at 6:30 a.m. CT (7:30 a.m. ET). ATI is a global producer of high performance materials for aerospace, defense, electronics, medical, and specialty energy markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
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Rhea-AI Summary
ATI Inc. (NYSE: ATI) celebrates the commissioning of a state-of-the-art 12,500-ton billet forging press in Bakers, North Carolina, enhancing titanium production for aerospace and defense. The new press increases capacity by 25% and allows for manufacturing high-performance alloys for jet engines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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Rhea-AI Summary
ATI Inc. appoints Vaishali Bhatia as Senior Vice President, General Counsel, and Chief Compliance Officer. Bhatia brings extensive legal and compliance experience to lead aerospace and defense functions, succeeding Elliot Davis. She joins from HF Sinclair Corporation and has a strong track record in demanding markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
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Rhea-AI Summary
Velo3D (NYSE: VLD) partners with Bechtel Plant Machinery Inc. to provide a metal additive manufacturing solution for the U.S. Naval Nuclear Propulsion Program. The new facility in Florida will use Velo3D's Sapphire XC large format printer to produce parts, reducing lead times and streamlining the supply chain. Velo3D's technology allows for complex geometries without support structures, enhancing part design capabilities. The partnership aims to enhance the Navy's maintenance and operational capabilities by utilizing additive manufacturing for efficient part production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
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Rhea-AI Summary
ATI Inc. CFO Don Newman to speak at 2024 JP Morgan Industrials Conference. ATI (NYSE: ATI) is a global producer of high-performance materials for aerospace, defense, electronics, medical, and specialty energy markets. The company focuses on innovation and customer partnerships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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conferences
Rhea-AI Summary
ATI (NYSE: ATI) announces Kimberly A. Fields as President and CEO, succeeding Robert S. Wetherbee who will become Executive Chairman. Fields, with a strong operational and commercial background, is set to lead ATI towards $5 billion in revenue and $1 billion in EBITDA by 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
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Rhea-AI Summary
ATI Inc. CFO Don Newman to Speak at Cowen Aerospace & Defense Conference. ATI (NYSE: ATI) is a global producer of high-performance materials and solutions for aerospace, defense, electronics, medical, and specialty energy markets. The CFO will be speaking at the Cowen 45th Annual Aerospace & Defense Conference, highlighting the company's commitment to innovation and customer partnerships. The event will be available for audio replay and full transcript. ATI continues to prove its performance in challenging environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
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conferences
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Rhea-AI Summary
ATI Inc. (NYSE: ATI) reported strong Q4 2023 results, with sales of $1.06 billion and net income of $145.7 million. Aerospace and defense sales represent 63% of Q4 2023 sales, up from 61% of Q3 2023 sales and 53% of Q4 2022 sales. Full year 2023 sales were $4.17 billion, up 9% from 2022. Adjusted net income for Q4 2023 was $93.0 million, and ATI adjusted EBITDA was $160.7 million, or 15.1% of sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.68%
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Rhea-AI Summary
ATI (NYSE: ATI) will webcast its fourth quarter and full year 2023 conference call on Thursday, February 1, 2024, at 9:30 a.m. CT. Results will be released prior to the market opening on February 1. ATI is a global producer of high performance materials and solutions for the aerospace and defense markets, electronics, medical, and specialty energy. They focus on delivering extraordinary materials through proprietary process technologies and customer partnerships. ATI is proven to perform anywhere.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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ATI Inc

NYSE:ATI

ATI Rankings

ATI Stock Data

6.37B
126.26M
1.13%
110.04%
5.13%
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Manufacturing
Link
US
Pittsburgh

About ATI

allegheny technologies incorporated (ati) is a global manufacturer of technically advanced specialty materials and complex components. we are a market leader in manufacturing and producing differentiated specialty alloys and forgings that require our unique manufacturing and precision machining capabilities and our innovative new product development competence. ati produces nickel-based alloys and superalloys, titanium and titanium-based alloys, specialty alloys, stainless steels, zirconium and other related alloys in many mill product forms. our capabilities range from alloy development, to melting and hot-working, through highly engineered finished components. we are a leader in producing nickel-based alloy and titanium-based alloy powders for use in next-generation jet engine forgings and 3d-printed products. our key global markets include, aerospace and defense, oil and gas, chemical and hydrocarbon processing, electrical energy, medical, automotive and other industrial markets.