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ATI Reports Record Backlog and Raises Guidance on Strong Earnings

ATI Inc. logoATI Inc.
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ATI’s sales rose 11% to $1.26 billion and net income attributable to ATI increased 50% to $151 million, with adjusted EPS up 66% to $1.23. Backlog reached a record $4.4 billion, and advanced alloys and solutions delivered stronger growth and margins. Aerospace and defense drove 68% of revenue as full-year adjusted EBITDA guidance was raised to $1.135–$1.185 billion.

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