Earnings Call Summary | ATI Inc(ATI.US) Q1 2024 Earnings Conference
Earnings Call Summary | ATI Inc(ATI.US) Q1 2024 Earnings Conference
The following is a summary of the ATI, Inc. (ATI) Q1 2024 Earnings Call Transcript:
以下是ATI, Inc.（ATI）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
ATI delivered an adjusted earnings per share for Q1 2024 of $0.48, exceeding their estimated range.
Revenue for Q1 2024 exceeded $1 billion for the seventh consecutive quarter.
Advanced Alloys & Solutions led the quarter with a 14% EBITDA margin.
Significant Q1 improvements over the prior year were seen for free cash flow.
2024 EPS guidance has been increased due to strong demand and a healthy pricing environment.
The company estimates Q2 adjusted EPS in the range of $0.54 to $0.60 and adjusted EBITDA to be between $170 million and $180 million.
For the full year, adjusted EPS is expected to be in the range of $2.30 to $2.60.
ATI公佈的2024年第一季度調整後每股收益爲0.48美元，超過了預期區間。
2024 年第一季度的收入連續第七個季度超過 10 億美元。
Advanced Alloys & Solutions以14％的息稅折舊攤銷前利潤率領先。
與去年同期相比，第一季度自由現金流顯著改善。
由於強勁的需求和健康的定價環境，2024年的每股收益預期有所提高。
該公司估計，第二季度調整後的每股收益在0.54美元至0.60美元之間，調整後的息稅折舊攤銷前利潤在1.7億美元至1.8億美元之間。
全年調整後的每股收益預計在2.30美元至2.60美元之間。
Business Progress:
業務進展：
Strong demand is being seen for ATI's aerospace and defense products.
The company's market presence is broadening, with production for all major commercial airframes and jet engine programs.
Record-breaking quarter observed for the Forged Products business unit, delivering the highest revenue in ATI's history.
New infrastructure commissioned, including a 12,500-tonne billet press.
Positive growth expected from commercial launch firms targeting 100 launches in 2024.
Kimberly Fields is appointed as the new CEO as of the 1st of July.
EBITDA margin expected to rise for the remaining year.
Firm's HPMC margins predicted to rise over the year, exceeding 20% by Q2, and reaching around 23% by Q4.
Growth forecasted in Aerospace and Defense and Aero Like product offerings.
Capital is being allocated for share repurchases in balance with investing for growth and de-levering.
對ATI的航空航天和國防產品的需求強勁。
該公司的市場佔有率正在擴大，生產了所有主要的商用機身和噴氣發動機項目。
僞造產品業務部門創下紀錄的季度收入，創下了ATI歷史上最高的收入。
新的基礎設施投入使用，包括一臺重達12,500噸的鋼坯壓機。
預計商業發射公司將實現正增長，目標是在2024年發射100次。
金伯利·菲爾茲自7月1日起被任命爲新任首席執行官。
預計剩餘一年的息稅折舊攤銷前利潤率將上升。
該公司的HPMC利潤率預計將在全年內增長，到第二季度將超過20％，到第四季度達到23％左右。
航空航天和國防以及類似航空的產品供應預計將增長。
資本被分配用於股票回購，同時投資於增長和去槓桿化。
More details: ATI Inc IR
更多詳情： ATI Inc IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。