Allegheny Technologies Incorporated (ATI) CEO Bob Wetherbee on Q2 2021 Results - Earnings Call Transcript

Aug. 03, 2021 12:18 PM ETATI Inc. (ATI) StockATI
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Q2: 2021-08-03 Earnings Summary

EPS of -$0.12 beats by $0.07
 | Revenue of $616.20M (-20.01% Y/Y) beats by $2.60M

Allegheny Technologies Incorporated (NYSE:ATI) Q2 2021 Results Conference Call August 3, 2021 8:30 AM ET

Company Participants

Scott Minder - VP, IR and Corporate Communications
Bob Wetherbee - Board Chair, President and CEO
Don Newman - SVP and CFO

Conference Call Participants

Seth Seifman - JP Morgan
Phil Gibbs - KeyBanc Capital Markets
Dan Flick - Cowen & Company
Josh Sullivan - The Benchmark Company
Paretosh Misra - Berenberg Capital Markets
Matthew Fields - Bank of America
Richard Safran - Seaport Global
Chris Olin - Tier 4 Research

Operator

Good morning, and welcome to the ATI Second Quarter 2021 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded.

At this time, I would like to turn the conference over to Scott Minder, Vice President of Investor Relations, Corporate Communications. Please go ahead.

Scott Minder

Thank you. Good morning, and welcome to ATI’s second quarter 2021 earnings call. Today’s discussion is being broadcast on our website. Participating in today’s call are Bob Wetherbee, Board Chair, President and CEO; and Don Newman, Senior Vice President and CFO. Bob and Don will focus on our second quarter highlights and key messages, but may refer to certain slides within their remarks. These slides are available on our website. They provide additional color and details on our results and outlook. 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 slide presentation.

Now, I’ll turn the call over to Bob.

Bob Wetherbee

Thanks, Scott.

Here we are over a year since the world went into lockdown, as a result of the COVID-19 pandemic. So much has changed in the last four quarters, and it’s easy

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