ATI reports Q4 adjusted EPS 93c, consensus 87c

Reports Q4 revenue $1.2B, consensus $1.19B. “As we projected, we finished 2025 with strong momentum, exceeding the upper range of our fourth quarter and full-year earnings and cash flow guidance. Demand for ATI‘s (ATI) differentiated products and solutions continues to be robust as we support our customers’ production ramps and critical missions. I am more confident than ever in ATI’s position as an integral part of our customers’ supply chains,” said Kimberly A. Fields, President and CEO. “We also delivered strong cash flow results driven by continued focus on disciplined working capital management. Full-year operating cash flow of $614M increased more than 50% year-over-year. This enabled us to repurchase $470M in shares and to fund growth, all while further strengthening our balance sheet. During the fourth quarter, we repaid $150M illion of outstanding debt, reducing annualized interest expense by approximately $10M. ATI’s strong balance sheet and cash flow generation provide flexibility to support growth and return capital to shareholders.”