ATI publishes Q3 2026 earnings call transcript
ATI•ATI raised its 2026 adjusted EBITDA outlook by $35 million to $1.19 billion-$1.2 billion. Third-quarter adjusted EBITDA rose 46% to $328 million, and fourth-quarter guidance is $345 million-$355 million.
1. Outlook and results
ATI raised its 2026 adjusted EBITDA outlook for the third time this year, by $35 million to $1.19 billion-$1.2 billion. Management expects fourth-quarter adjusted EBITDA of $345 million-$355 million, which would be the year's strongest quarterly profit. The company also raised its expected annual jet engine revenue growth to the low-to-mid-20% range from the high teens, citing strong demand. New-alloy production ramp costs reduced HPMC's quarterly margin by approximately 200 basis points; management expects those costs to end by year-end.
