earnings
confidence high
sentiment positive
materiality 0.75
ATI Q1 2022: Adj EPS $0.40, sales $834M (+20% YoY); repurchased $90M stock
ATI INC
2023-FY EPS reported
$0.33
revenue$834,100,000
- Sales $834.1M (+20% YoY, +9% QoQ); net income $30.9M ($0.23 diluted EPS).
- Adjusted net income $56.7M, adjusted EPS $0.40; ATI Adjusted EBITDA $125M (15% of sales).
- HPMC segment EBITDA $68.1M (19.9% of sales) driven by commercial aerospace growth (+20% QoQ).
- AA&S segment EBITDA $75.3M (15.3% of sales); aerospace/defense sales +29% QoQ, +47% YoY.
- Repurchased 3.5M shares for $89.9M at $25.57 avg; cash $316.7M, ABL availability ~$370M.