“Our fourth quarter results marked a successful end to the year and place us on strong ground to deliver accelerated growth in fiscal year 2023,” said Tony Thene, president and CEO. “The quarter saw us return to a positive EPS as both them Specialty Alloy Operations (SAO) and Performance Engineered Products (PEP) segments outperformed our expectations.
“Looking ahead, we expect to see continued growth across our end-use markets, especially in aerospace, defense and medical applications, where customers are still ramping to pre-pandemic levels.”