ATI sees FY25 revenue $4.5B-$4.6B, FY27 revenue $5.2B-$5.4B

Growth drivers include commercial aero growth, defense demand, commercial space growth, medical/electronics/specialty growth, and increased titanium melt capacity that supports capture of demand. Sees CAGR at target midpoints. Sees FY25 adjusted EBITDA of $0.8B-$0.9B, FY27 adjusted EBITDA of $1.0B-$1.2B. Performance drivers include revenue growth and mix, price and share captures, absorption/efficiencies, and inflation and cost management. Sees FY25 adjusted EBITDA margin of 18%-19%, FY27 of 19%-21%. Comments taken from presentation slides.