secwatch.observer — SEC 8-K summary
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Issuer:     ATI INC (ATI)
CIK:        0001018963
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001628280-22-012142
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATI Q1 2022: Adj EPS $0.40, sales $834M (+20% YoY); repurchased $90M stock
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018963/000162828022012142/0001628280-22-012142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018963/000162828022012142/ati-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-012142

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