ATI Inc. (NYSE: ATI) has reported its financial results for the fourth quarter of 2024, showcasing positive growth and robust performance. The company’s sales for the fourth quarter of 2024 reached $1.17 billion, reflecting a notable 10% increase over the fourth quarter of 2023. Net income attributable to ATI for the same period amounted to $137.1 million, or $0.94 per share.
Full-year 2024 results for ATI demonstrated significant achievements, with sales totaling $4.4 billion, marking the highest total since 2012 and representing a 5% increase over the full year 2023. The company reported robust operating cash flow of $407 million for the full year 2024, up significantly from $86
About ATI
ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.
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