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A specialty materials supplier to the aerospace and defense industry raised its full-year profit outlook for 2026, after a second quarter that beat its own prior estimates on every reported line.
Full-year guidance is management's stated expectation of its own financial performance for the calendar year.
(NYSE:ATI), which reported second-quarter revenue of $1.26 billion, up 11% year over year, alongside a record order backlog of $4.4 billion. The quarter's numbers were strong across the board.
Adjusted earnings per share came in at $1.23, a 66% increase from the same period a year earlier.
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