- Allegheny Technologies press release ( NYSE: ATI ): Q4 Non-GAAP EPS of $0.53 beats by $0.01 .
- Revenue of $1.01B (+32.0% Y/Y) in-line.
- Aerospace and defense represent 53% of Q4 2022 sales, up from 41% in Q4 2021
- adjusted EBITDA was $140.1 million, or 13.9% of sales, up 48% over Q4 2021
- "We're strategically investing—with disciplined capital allocation—to ensure we have the capabilities and capacity needed to meet unprecedented demand," said Wetherbee. "Our deliberate actions to transform give us resilience against potential headwinds, reducing the impact of volatility on our business. We expect ongoing strength in our key markets to drive profitable revenue growth," he said. "As our results demonstrate, we're on track to achieve our long-term targets, delivering for our customers, our shareholders, and our team."
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Allegheny Technologies Non-GAAP EPS of $0.53 beats by $0.01, revenue of $1.01B in-line