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The severely battered stock price of ATI, which has lost almost 34.8% since the beginning of the year, is due to continue recuperating thanks to the sector rotation. Q3 was dismal; revenues tumbled by 41.4%, as the aerospace end-market was still suffering from the ripple effects of th...
Despite past efforts to improve the cost structure and diversify the business, aerospace demand is driving this business, leading to weaker than expected FQ1 revenue and margins. Aero is going to need a couple of more quarters to bottom out, but vehicle, power, and medical demand shou...
Investors are getting excited about the potential relaunch of Boeing 's (NYSE: BA) 737 MAX, which is expected to be recertified in the coming weeks, if not sooner. That's good news for Boeing, but also really good news for suppliers that count on the MAX for revenue. Shares ...
Image source: The Motley Fool. Allegheny Technologies Inc (NYSE: ATI) Q3 2020 Earnings Call Oct 29, 2020 , 8:30 a.m. ET Operator Continue reading For further details see: Allegheny Technologies Inc (ATI) Q3 2020 Earnings Call Transcript ...
Allegheny Technologies Incorporated (ATI) Q3 2020 Earnings Conference Call October 29, 2020, 8:30 AM ET Company Participants Scott Minder - Vice President, Treasurer and Investor Relations Robert Wetherbee - President and Chief Executive Officer Don Newman - Senior Vice President and Chief Fi...
Allegheny Technologies ([[ATI]] +14.6%) reported Q3 sales decline of 41.4% Y/Y to $598M, reflecting challenged market conditions in commercial aerospace.High Performance Materials & Components sales $221.3M (-51% Y/Y); and segment operating loss of $2.7M.Advanced Alloys & Solutions sa...
The following slide deck was published by Allegheny Technologies Incorporated in conjunction with their 2020 Q3 earnings call. For further details see: Allegheny Technologies Incorporated 2020 Q3 - Results - Earnings Call Presentation
Shares of Allegheny Technologies (NYSE: ATI) jumped as much as 13.3% in trading Thursday after the company reported third-quarter financial results. The stock was up 12.8% at 12:20 p.m. EDT and bouncing near new highs for the day. Quarterly revenue was $598 million, but Alleghen...
Allegheny Technologies (ATI): Q3 Non-GAAP EPS of -$0.38 beats by $0.22; GAAP EPS of -$0.40 beats by $0.21.Revenue of $598M (-41.4% Y/Y) misses by $33.1M.Press Release For further details see: Allegheny Technologies EPS beats by $0.22, misses on revenue
Delivering cost savings ahead of schedule Sales of $598 million reflecting challenged market conditions in commercial aerospace Net loss attributable to ATI of $50.1 million, or $(0.40) per share Adjusted net loss of $47.8 million, or $(0.38) per share, e...
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announced today that it has entered into an underwriting ...
CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation announced today that it has issued a notice of conditional redemption for the outstanding US$157 million principal amount of its 9.75% Senior Secured Second Lien Notes due 2026 (the “Redemption Notes”), wh...
CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second quarter results highlighted by record Free Cash Flow, operational milestones and the continued execution on return of...