ATI Exceeds Q1 Earnings Guidance with Strong Revenue and Margin Growth
ATI Inc. (NYSE: ATI) reported first-quarter revenue of $1.15 billion, exceeding guidance, driven by strong performance in aerospace and defense segments. Adjusted EBITDA rose to $232 million (+19% YoY), with margins expanding over 300 basis points year-over-year.
Tickers: $ATI
Topics: aerospace backlog buybacks defense earnings ebitda guidance revenue