earnings
confidence high
sentiment positive
materiality 0.75
ATI Q4 sales $1.01B up 32% YoY; adjusted EPS $0.53 vs $0.25 prior year
ATI INC
2023-FY EPS reported
$2.23
revenue$3,836,000,000
- Q4 2022 sales $1.01B (+32% YoY); net income $76.9M ($0.53 EPS) vs. $(29.8M) loss in Q4 2021.
- Adjusted EBITDA $140.1M (13.9% of sales) up 48% YoY; full year adjusted EBITDA $549.3M up 89%.
- Aerospace & defense sales 53% of Q4 sales, up from 41% in Q4 2021, with commercial aerospace up 85% in HPMC.
- Full year 2022 net income $130.9M ($0.96 EPS); adjusted EPS $1.99 vs. $0.13 in 2021.
- Cash from operations $324.3M in Q4; Board authorized $150M share repurchase, $140M executed in 2022.