Welcome to our dedicated page for Atkore news (Ticker: ATKR), a resource for investors and traders seeking the latest updates and insights on Atkore stock.
Atkore Inc. (NYSE: ATKR) is a manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, and it regularly issues news and updates that are relevant to investors and market participants. The company’s disclosures highlight its focus on electrical infrastructure and related safety and infrastructure solutions, as well as ongoing portfolio and strategic reviews.
News about Atkore often includes quarterly and annual earnings results, where the company reports net sales, segment performance for its Electrical and Safety & Infrastructure segments, adjusted EBITDA, and other financial metrics. These releases may also discuss factors affecting results, such as changes in average selling prices, sales volumes, input costs, and the impact of divestitures or strategic actions.
Atkore also publishes announcements about strategic actions, including updates on its review of strategic alternatives, potential portfolio changes, and cost-reduction measures such as consolidating manufacturing facilities. Additional news items cover dividends and capital allocation decisions, such as quarterly cash dividend declarations and share repurchase activity, as well as financing developments like the refinancing of senior secured term loan facilities.
Other company news can include governance and Board-related updates, such as cooperation agreements with investors, the formation of Board committees like the Strategic Review Committee, and the appointment of new directors. Atkore also announces upcoming earnings release dates, conference calls, and investor conference participation, providing details for investors who wish to follow management’s commentary. This news page aggregates such items so readers can review Atkore’s financial updates, strategic developments, and corporate governance disclosures in one place.
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Atkore Inc. (NYSE: ATKR) will release its Second Quarter Fiscal Year 2023 results on May 9, 2023, prior to market opening. A conference call to discuss the results is scheduled for 8:00 a.m. (ET) on the same day. Interested parties can access the live webcast on the Company's Investor Relations website.
Post-call, a telephonic replay will be available approximately three hours later, accessible until May 23, 2023. For domestic listeners, the dial-in number is 888-330-2446, while international investors can reach 240-789-2732. The Conference ID for both the call and replay is 5592214.
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Atkore Inc. (NYSE: ATKR) announced that President and CEO Bill Waltz and CFO David Johnson will participate in a Q&A session at Citi’s 2023 Global Industrial Tech and Mobility Conference on February 21, 2023, at 1:00 PM Eastern Time. A live webcast of the event will be available on their Investor Relations site, with a replay available until February 21, 2024. Atkore is a leading provider of electrical, safety, and infrastructure solutions, focusing on building a sustainable future for customers, employees, and communities.
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Atkore Inc. (NYSE: ATKR) reported fiscal 2023 first-quarter earnings with net sales of $833.8 million, a decrease of 0.8% compared to the prior year. Net income fell by $31.4 million to $173.5 million, while diluted earnings per share decreased to $4.20. Adjusted net income per diluted share rose by $0.03 to $4.61. Adjusted EBITDA declined to $263.8 million, down 10% year-over-year. Despite these challenges, Atkore raised its full-year outlook for Adjusted EBITDA to between $950 million and $1,050 million and Adjusted net income per diluted share to $15.85 - $17.75. The company continues to focus on organic and inorganic growth opportunities.
Atkore Inc. (NYSE: ATKR) announced that it will release its First Quarter Fiscal Year 2023 results on February 1, 2023, before the market opens. A conference call will be held at 8:00 a.m. (ET) to discuss these results. Interested parties can access the live call via the Investor Relations section of the company's website. A telephonic replay will be available after the call until February 16, 2023. For more details on Atkore and its offerings in electrical, safety, and infrastructure solutions, visit their website.