Exhibit 99.1

Allegheny Technologies Announces Fourth Quarter and Full Year 2015 Results

Fourth Quarter 2015 Results

  • Sales were $739 million
    • High Performance Materials & Components sales were $457 million
    • Flat Rolled Products sales were $282 million
  • Business segment results, which do not include Flat Rolled Products asset impairments and other charges, were a loss of $99 million
    • High Performance Materials & Components segment operating profit was $21 million, or 4.6% of sales
  • Net loss attributable to ATI was $227 million, or $(2.12) per share, including $267 million of pre-tax charges, or $167 million after-tax, or $(1.56) per share
  • Net loss attributable to ATI excluding charges was $60 million, or $(0.56) per share
  • Cash on hand was $150 million with total liquidity of approximately $545 million

Full Year 2015 Results

  • Sales were $3.7 billion
  • Net loss attributable to ATI was $378 million, or $(3.53) per share
  • Significant operational accomplishments of Rowley PQ parts qualification, new part introductions for aerospace ramp-up readiness, and HRPF integration overshadowed by weak market conditions, particularly in Flat Rolled Products commodity businesses

PITTSBURGH--(BUSINESS WIRE)--January 26, 2016--Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2015 sales of $739 million and a net loss attributable to ATI of $227 million, or $(2.12) per share. Fourth quarter 2015 results include $267 million of previously-announced, pre-tax charges.

For the full year 2015, ATI reported a loss from continuing operations attributable to ATI of $378 million, or $(3.53) per share, on $3.7 billion in sales.

“2015 was an incredibly difficult year, and the fourth quarter was the most challenging of the year,” said Rich Harshman, Chairman, President and Chief Executive Officer. “Early indicators in 2015 of increasing weakness in the oil and gas market and the effects of low-priced commodity stainless sheet imports on flat rolled products’ markets were only the beginning. While aerospace market demand for products from the High Performance Materials & Components segment remained good, an extended drop in demand from the oil and gas market, and continued weakness in the global construction and mining equipment market, adversely affected profitability across both business segments. Despite these headwinds, we continued our strategic focus on high-value, differentiated products, which were 83% of ATI’s 2015 sales.”


The following information was filed by Allegheny Technologies Inc (ATI) on Tuesday, January 26, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Allegheny Technologies Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Allegheny Technologies Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account