ET 08:00

ATI Inc. Q3 Profit Rises to $189.8 Million as Revenue Climbs 26.5%

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Earnings

ATI Inc. (ATI) reported third-quarter net income of $189.8 million, or $1.37 per share, up from $110.0 million, or $0.78 per share, a year earlier. Revenue for the period rose 26.5% to $1.423 billion from $1.125 billion. Excluding items, the company posted adjusted earnings of $201.9 million, or $1.46 per share. ATI guided fourth-quarter EPS to a range of $1.51 to $1.57 and full-year EPS to $5.17 to $5.23.

ByTicklex Editorial