ATI Inc. (ATI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

conference call. My name is Becky and I'll be your operator today. During the presentation, you can register a question by pressing star followed by one on your keypad. If you change your mind, please press star followed by two. I will now hand over to your host, David Weston, Vice President of Investor Relations to begin. Please go ahead. Thank you. Good morning and welcome to ATI second quarter 2025 earnings call. Today's discussion is being webcast online at atimaterials.com. Participating in today's call to share key points from our second quarter results are Kim Fields, President and CEO, and Don Newman, Executive Vice President and CFO. Before starting our prepared remarks, I would like to draw your attention to the supplemental presentation that accompanies this call. Those slides provide additional color and details on our results and outlook. It can also be found on our website at atimaterials.com. After our prepared remarks, we'll open the line for questions. As a reminder, all forward looking statements are subject to various assumptions and caveats. These are noted in the earnings release and in the accompanying presentation. Now I'll turn the call over to Kim. Thanks, Dave. Good morning, everyone. And thank you for joining us. Q2 was another strong quarter for ATI. We continue to exceed expectations driven by operational performance and the high value products we deliver for commercial jet engines. As the aerospace recovery accelerates, ATI is exceptionally well positioned to grow in step with our customers and ahead of the market. Let's walk through the key financial results. Revenue grew 4% year over year, again, exceeding $1.1 billion. Adjusted EBITDA reached $208 million, surpassing the top end of our guidance. Adjusted earnings per share came in at ...