Tony Thene on financial performance
From Carpenter Technology Q&A Earnings Call Commentary CEO Tony Thene with Live CRS stock action · · Daniel
“We actually exceeded that number and now we come in and say that the second quarter is going to be another impressive quarter just like Q1, even though we'll continue to do our planned maintenance and it has two major holidays in there, we're still going to operate at that level.”
On , Tony Thene, President, Chief Executive Officer & Director at CARPENTER TECHNOLOGY CORP, spoke about financial performance during Carpenter Technology Q&A Earnings Call Commentary CEO Tony Thene with Live CRS stock action on Daniel.
About Tony Thene
During a September 2024 earnings call, Carpenter Technology CEO Tony Thene stated that the company had exceeded prior performance expectations and projected a second quarter comparable to the first, despite planned maintenance and two major holidays. Thene said the company expects an additional 28 to 35 percent growth after the first two quarters, describing the growth as "very impressive." He attributed the company's outlook to work centers that are "still not running at the rates that we know they can run at," adding that this provides "line of sight" to second-half performance.