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News Watch
- 12/11/2008 2:22:24 AM
By Chip Brian, SmarTrend Analytics Team
Wednesday, Allegheny Technologies Inc. (NYSE:ATI) announced results for its third-quarter, ended September 30, 2008. Net income for the period was $144.1 million, or $1.45 per share, compared with $193.9 million, or $1.88 per share in the third quarter of 2007. Sales for the quarter were $1.39 billion, a 4.3% increase from $1.3 billion in the year-ago period. Shares of Allegheny Technologies were down 89 cents to $23.84 in Wednesday morning trading.
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