10:10 AM EDT, 04/30/2024 (MT Newswires) -- ATI (ATI) shares were up 13.7% in recent Tuesday trading after posting higher-than-expected Q1 adjusted net income and total sales.

The company reported Q1 adjusted net income of $0.48 per diluted share, down from $0.59 a year earlier.

Analysts polled by Capital IQ expected $0.42.

Sales for the quarter ended March 31 were $1.043 billion, up from $1.038 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.03 billion.

Price: 59.00, Change: +7.10, Percent Change: +13.68