---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019185"
form_type: "8-K"
ticker: "ATI"
cik: "0001018963"
company_name: "ATI INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T03:52:28.070248+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ATI Q1 2024 beats adjusted EPS at $0.48; aero/def sales up 7% YoY to $616M

## Summary
- Q1 sales $1.04B, net income $66.1M ($0.46 EPS); adjusted EPS $0.48, adjusted EBITDA $151M (14.5% of sales).
- Aerospace & defense sales $616M (+7% YoY); HPMC segment sales $529.9M (+13% YoY).
- Completed $150M share repurchase in Q1; cash $394M, no ABL borrowings, no debt maturities until 2025.
- AA&S segment sales $513M (+7% sequentially) but down 10% YoY due to weak general industrial demand.
- Outlook reaffirms 2024/2025 financial targets and long-term goal of >$5B revenue and >$1B adjusted EBITDA by 2027.

## SEC filing metadata
- accession: 0001628280-24-019185
- form_type: 8-K
- ticker: ATI
- cik: 0001018963
- company_name: ATI INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1018963/000162828024019185/0001628280-24-019185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1018963/000162828024019185/ati-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019185
- JSON: https://secwatch.observer/filing/0001628280-24-019185.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019185.txt

## Key facts
- Earnings Releases
  ATI INC reported first quarter 2024 results: revenue $1.04 billion, net income $66.1 million, EPS $0.46 per share.
  - Period: first quarter 2024
  - Revenue: $1.04 billion
  - Net income: $66.1 million
  - EPS: $0.46 per share
  - Result: reported results
  source text: ATI Inc. (NYSE: ATI) reported first quarter 2024 results, with sales of $1.04 billion and net income attributable to ATI of $66.1 million, or $0.46 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1018963/000162828024019185/0001628280-24-019185-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.