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ATI Q4 sees revenue jump 71%

ATI saw sales rise 70.8 per cent year-on-year to $380.7 million during the three months to 31 August, the company’s fourth quarter of fiscal 2003.

Revenues rose 6.5 per cent sequentially from Q3’s figure of $355.7 million. Net income grew 32.7 per cent between Q3 and Q4, rising from $15 million (six cents a share) to $22.3 million (nine cents a share). This time last year, ATI reported a loss of $34.6 million (15 cents a share).

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