ATI Inc.
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DALLAS, March 11, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) is disappointed to learn that one of two ratification votes for a labor agreement was unsuccessful. ATI's Specialty Rolled Products employees in Western Pennsylvania and Lockport, New York, and the United Steelworkers (USW) failed to ratify a successor labor agreement. ATI and the USW have agreed to extend the expired agreement through April 30, 2025, while negotiations continue. In the coming days, negotiations will reconvene toward reaching an agreement that keeps ATI on the path of stability and consistency, enabling us to continue operating and rewarding our team.
DALLAS, March 5, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Executive Vice President and Chief Financial Officer Don Newman will speak at the 2025 JP Morgan Industrials Conference on March 12, 2025 at 3:10 p.m. ET.
The link to the fireside chat is available at the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.
DALLAS, Feb. 28, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that a tentative agreement has been reached with the leadership of the United Steelworkers (USW) on a new six-year Master Contract.
This tentative agreement will be presented to the USW general membership for respective ratification votes. The previous contract was set to expire at 11:59 p.m. on Friday, February 28, 2025; employees have been advised to continue working without interruption.
World-class facility includes industry's largest format, most advanced capabilities
MARGATE, Fla., Feb. 13, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) celebrated the commissioning of its world-class Additive Manufacturing Products facility, bringing on-line the most advanced large-format, metal additive manufacturing capabilities in the industry. The vertically integrated greenfield build includes design, printing, heat treating, machining and inspection capabilities under one roof.
Full year 2024 sales of $4.4 billion represents ATI's highest total since 2012
Q4 2024 sales of $1.2 billion, up 10% over Q4 2023; full year 2024 sales of $4.4 billion, up 5% over full year 2023Q4 2024 net income attributable to ATI of $137 million, or $0.94 per share; full year 2024 net income attributable to ATI of $368 million, or $2.55 per shareAerospace and defense represent 65% of Q4 2024 sales, up from 62% of Q3 2024 sales and 63% of Q4 2023 salesFull year 2024 operating cash flow of $407 million, up from $86 million for full year 2023Non-GAAP Information*Q4 2024 adjusted net income attributable to ATI of $115 million, or $0.79 per shareQ4 2024 ATI adjusted EBITDA of $210 million, or 17.9% of salesFull year 2024 Free Cash Flow of $248 million, up 50% over full year 2023
DALLAS, Jan. 6, 2025 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its fourth quarter and full year 2024 earnings conference call on Tuesday, February 4, 2025, at 7:30 a.m. CT (8:30 a.m. ET). Fourth quarter and full year 2024 results are scheduled to be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET).
The conference call will be broadcast, and accompanying presentation slides will be available, at ATImaterials.com. To access the broadcast, visit ATImaterials.com and select "Conference Call." Conference call replay will be available on ATImaterials.com.
Sharpens focus on strategic aerospace and defense markets, streamlines operations
DALLAS, Nov. 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced it completed the sale of its precision rolled strip operations in New Bedford, Massachusetts and Remscheid, Germany to Ulbrich Stainless Steels and Special Metals, Inc. (Ulbrich).
"With this divestiture, ATI sharpens its focus on providing our aerospace and defense customers with the titanium, nickel, and alloyed products that are rolled, melted and/or finished throughout Specialty Rolled Products facilities," said Kimberly A. Fields, President and CEO. "Our ongoing evaluation to align our asset portfolio with our strategic focus on aerospace and defense uncovered this opportunity to further streamline operations."
Ninth consecutive quarter with sales in excess of $1 billion
Q3 2024 sales of $1.05 billionQ3 2024 net income attributable to ATI of $82.7 million, or $0.57 per shareAerospace & defense represent 62% of Q3 2024 salesFull year 2024 guidance updated Non-GAAP Information*Q3 adjusted net income attributable to ATI of $85.9 million, or $0.60 per shareQ3 2024 ATI adjusted EBITDA of $185.7 million, or 17.7% of sales, up 100 basis points sequentiallyDALLAS, Oct. 29, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) reported third quarter 2024 results, with sales of $1.05 billion and net income attributable to ATI of $82.7 million, or $0.57 per share.
DALLAS, Oct. 1, 2024 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its third quarter 2024 earnings conference call on Tuesday, October 29, 2024, at 7:30 a.m. CT (8:30 a.m. ET). Third quarter 2024 results are scheduled to be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET).
The conference call will be broadcast, and accompanying presentation slides will be available, at ATImaterials.com. To access the broadcast, visit ATImaterials.com and select "Conference Call." The conference call replay will be available on ATImaterials.com.
DALLAS, Sept. 4, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) President and Chief Executive Officer Kim Fields and Executive Vice President and Chief Financial Officer Don Newman will speak at the Morgan Stanley 12th Annual Laguna Conference in Dana Point, California on September 11, 2024, at 3:15 p.m. ET.
The event will be webcast live. For a link, go to the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.
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