Ati announces second quarter 2023 results

Strong performance in aerospace & defense propels sequential and year over year growth q2 2023 sales of $1.05 billion up 1% over q1 2023 and 9% higher than q2 2022 q2 2023 net income attributable to ati of $76.0 million, or $0.52 per share aerospace and defense represent 58% of q2 2023 sales, up from 56% of q1 2023 sales and up from 46% of q2 2022 sales non-gaap information q2 2023 adjusted net income attributable to ati of $86.2 million, and adjusted eps of $0.59 per share q2 2023 ati adjusted ebitda was $149.8 million, or 14.3% of sales dallas , aug. 2, 2023 /prnewswire/ -- ati inc. (nyse: ati) reported second quarter 2023 results, with sales of $1.05 billion and net income attributable to ati of $76.0 million, or $0.52 per share.    sequential y-o-y ($ in millions except per share amounts) q2 2023 q1 2023 change q2 2022 change sales $1,046.0 $1,038.1 1 % $959.5 9 % net income (loss) attributable to ati $76.0 $70.1 8 % $(38.0) nm earnings (loss) per share $0.52 $0.48 8 % $(0.31) nm non-gaap information adjusted net income attributable to ati* $86.2 $71.2 21 % $76.7 12 % adjusted earnings per share* $0.59 $0.49 20 % $0.54 9 % ati adjusted ebitda* $149.8 $132.7 13 % $143.1 5 % adjusted earnings per share* for q2 2023 was $0.59, and ati adjusted ebitda* was $149.8 million, or 14.3% of sales.
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