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ATI Announces Second Quarter 2017 Results

PITTSBURGH–(BUSINESS WIRE)–Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2017 sales of $880 million and net income attributable to ATI of $10 million, or $0.09 per share. Business segment operating profit was $71 million, or 8.1% of sales. “Sales of our next-generation products reached 40% of jet engine sales in our High Performance Materials & Component (HPMC) segment in the quarter. HPMC operating profit was nearly 13% of sales,” said Rich Harshman, Chairman, P