Welcome to our dedicated page for Allegheny Tech news (Ticker: ATI), a resource for investors and traders seeking the latest updates and insights on Allegheny Tech stock.
Allegheny Technologies Incorporated (NYSE: ATI) is a global producer of high-performance materials critical to aerospace, defense, and industrial markets. This page aggregates official ATI news and analysis-worthy developments for informed decision-making.
Investors and industry professionals will find curated press releases covering earnings results, advanced alloy innovations, strategic partnerships, and operational milestones. Our repository simplifies tracking material events impacting ATI's position in specialty metals and complex component manufacturing.
Key updates include product launches in next-gen aerospace alloys, capacity expansions, sustainability initiatives, and defense sector contracts. Content is organized chronologically with clear sourcing to ensure transparency and compliance with financial disclosure standards.
Bookmark this page for streamlined access to ATI's evolving story in advanced materials science. Check regularly for updates on technological breakthroughs and market leadership developments shaping industries from additive manufacturing to renewable energy systems.
ATI's Chief Financial Officer, Don Newman, will speak at the 2024 Wells Fargo Industrials Conference in Chicago on June 11, 2024, at 12:45 p.m. CT. The presentation will be accessible via the company's investor relations page, with an audio replay and transcript available post-event.
ATI is a global leader in high-performance materials and solutions for aerospace, defense, electronics, medical, and specialty energy sectors. The company highlights its commitment to innovation, proprietary process technologies, and strong customer partnerships as key factors driving its success in addressing the world's most challenging material science problems.
ATI Inc. (NYSE: ATI) announces Netta Washington as the new Executive Vice President leading the High Performance Materials and Components (HPMC) segment. Washington brings a wealth of experience in operational performance improvement and revenue growth. She will focus on optimizing the supply chain and driving growth in Forged Products and Specialty Materials for ATI.
ATI Inc. (NYSE: ATI) reported strong year-over-year revenue growth in aerospace and defense, with Q1 2024 sales of $1.04 billion and net income of $66.1 million. Adjusted earnings per share for Q1 2024 was $0.48, and ATI adjusted EBITDA was $151 million. The company's focus on improving working capital intensity resulted in significant improvements in year-over-year free cash flow performance. ATI's outlook remains strong, supported by a robust backlog of commercial aircraft orders, aiming to exceed $5 billion in revenue and $1 billion in adjusted EBITDA by 2027.
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