Ati announces first quarter 2023 results

Aerospace and defense sales propel strong year over year growth q1 2023 sales of $1.04 billion up 3% over q4 2022 and 25% higher than q1 2022 q1 2023 net income attributable to ati of $70.1 million, or $0.48 per share aerospace and defense represent 56% of q1 2023 sales, up from 53% of q4 2022 sales and up from 44% of q1 2022 sales non-gaap information q1 2023 adjusted net income attributable to ati of $71.2 million, and adjusted eps of $0.49 per share q1 2023 ati adjusted ebitda was $132.7 million, or 12.8% of sales dallas , may 4, 2023 /prnewswire/ -- ati inc. (nyse: ati) reported first quarter 2023 results, with sales of $1.04 billion and net income attributable to ati of $70.1 million, or $0.48 per share.    sequential y-o-y ($ in millions except per share amounts) q1 2023 q4 2022 change q1 2022 change sales $1,038.1 $1,010.4 3 % $834.1 25 % net income attributable to ati $70.1 $76.9 (9) % $30.9 127 % earnings per share $0.48 $0.53 (9) % $0.23 109 % non-gaap information adjusted net income attributable to ati* $71.2 $76.9 (7) % $56.7 26 % adjusted earnings per share* $0.49 $0.53 (8) % $0.40 23 % ati adjusted ebitda* $132.7 $140.1 (5) % $125.0 6 % adjusted earnings per share* for q1 2023 was $0.49, and ati adjusted ebitda* was $132.7 million, or 12.8% of sales.
ATI Ratings Summary
ATI Quant Ranking