Allegheny Technologies (ATI) Tops Q4 EPS by 1c
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ATI Announces Fourth Quarter 2022 Results
February 2, 2023 7:30 AM ESTContinued strong performance and year-over-year revenue growth in aerospace and defense
Q4 2022 sales of $1.01 billion up 32% over Q4 2021; full year 2022 sales of $3.84 billion up 37% over full year 2021Q4 2022 net income attributable to ATI of $76.9 million, or $0.53 per share; full year 2022 net income attributable to ATI of $130.9 million, or $0.96 per shareAerospace and defense represent 53% of Q4 2022 sales, up from 41% in Q4 2021Non-GAAP informationQ4 2022 ATI adjusted EBITDA was $140.1 million, or 13.9% of sales, up 48% over Q4 2021; full year 2022 ATI adjusted EBITDA was $549.3... More