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ATI Celebrates Commissioning of New Press Critical to Titanium Production
Prnewswire· 2024-03-19 20:15
Senator Ted Budd commemorated event at ATI in Bakers, North CarolinaBAKERS, N.C., March 19, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) celebrated the commissioning of its state-of-the-art 12,500-ton billet forging press critical to production of titanium for aerospace and defense. The Bakers South II press, known as BSOII, came online in Q1-2024 to match ATI's increased titanium melt capacity, delivering increased capability for the manufacture of high-performance, challenging-to-make novel alloys. Joinin ...
ATI names Vaishali Bhatia General Counsel and Chief Compliance Officer
Prnewswire· 2024-03-14 15:35
DALLAS, March 14, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named Vaishali Bhatia Senior Vice President, General Counsel and Chief Compliance Officer, effective March 20, 2024. She'll lead all aspects of the legal function for the aerospace and defense company—including corporate governance, compliance, corporate social responsibility strategies and reporting, and risk management—and collaborate closely with business teams to provide risk-based legal partnership. Bhatia reports to ATI Board Chair and CE ...
Bechtel Plant Machinery Inc. Selects Velo3D's Metal Additive Manufacturing Solution To Revolutionize the Supply Chain for the U.S. Navy
Businesswire· 2024-03-07 14:00
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Velo3D, Inc. (NYSE: VLD), today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the company to produce parts for the U.S. Naval Nuclear Propulsion Program. The Sapphire XC large format printer, calibrated for stainless steel 415, will be operated by ATI (NYSE: ATI) at its new additive manufacturing facility outside Fort Lauderdale, Florida. Earlier this year, BPMI awarded a contract to ATI to sup ...
ATI Elects Kimberly A. Fields as President and CEO
Prnewswire· 2024-02-23 14:00
As CEO, Fields will succeed Robert S. Wetherbee, who will become Executive Chairman. Wetherbee was named President and CEO in 2018 and became Board Chair in 2020. Under Wetherbee's leadership, ATI transformed to become an aerospace and defense leader, growing share and creating value for customers and shareholders. "ATI is well-positioned, on a clear path to $5 billion in revenue and $1 billion in EBITDA by 2027. We have the capabilities, and the team is aligned to deliver," said Wetherbee. "Kim is ready to ...
ATI(ATI) - 2023 Q4 - Annual Report
2024-02-22 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange For the fiscal year ended December 31, 2023 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1- ...
ATI CFO Don Newman to speak at Cowen Aerospace & Defense Conference
Prnewswire· 2024-02-07 18:00
DALLAS, Feb. 7, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the Cowen 45th Annual Aerospace & Defense Conference in Arlington, Virginia, on February 14, 2024 at 10:45 a.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. ATI: Proven to Perform.ATI (NYSE: ATI) is a global producer of high performance materi ...
ATI's (ATI) Earnings and Revenues Surpass Estimates in Q4
Zacks Investment Research· 2024-02-05 17:16
ATI Inc. (ATI) recorded a fourth-quarter 2023 profit of $145.7 million or 99 cents per share against the year-ago quarter's $193 million or $1.30.ATI posted adjusted earnings of 64 cents per share, up 2% from the year-ago quarter figure of 63 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 62 cents.The company’s net sales in the fourth quarter were $1,064 million, exceeding the Zacks Consensus Estimate of $1,030 million. Net sales increased around 5% from $1,010.4 million in the prior-year ...
Allegheny Technologies (ATI) Loses -11.75% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Zacks Investment Research· 2024-02-02 15:36
Allegheny Technologies (ATI) has been on a downward spiral lately with significant selling pressure. After declining 11.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whe ...
ATI(ATI) - 2023 Q4 - Earnings Call Transcript
2024-02-01 17:54
ATI Inc. (NYSE:ATI) Q4 2023 Earnings Conference Call February 1, 2024 10:30 AM ET Company Participants Dave Weston - Vice President of Investor Relations Bob Wetherbee - Chairman & Chief Executive Officer Don Newman - Executive Vice President & Chief Financial Officer Tom Wright - Vice President of Financial Planning & Interim Head of Investor Relations Conference Call Participants Seth Seifman - JPMorgan Gautam Khanna - TD Cowen Richard Safran - Seaport Research Partners Timna Tanners - Wolfe Research Mich ...
ATI(ATI) - 2023 Q4 - Earnings Call Presentation
2024-02-01 16:38
Proven to per form anywhere. Fourth Quarter 2023 Earnings February 1, 2024 ATI Proprietary and Confidential ©2024 ATI. All rights reserved. 1 Forward Looking Statements ...