secwatch.observer — SEC 8-K summary
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Issuer:     ATI INC (ATI)
CIK:        0001018963
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001628280-23-001965
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATI Q4 sales $1.01B up 32% YoY; adjusted EPS $0.53 vs $0.25 prior year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018963/000162828023001965/0001628280-23-001965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018963/000162828023001965/ati-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-001965

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer