Century Aluminum Co (CENX) Tops Q1 EPS by 2c, Revenue Misses

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Go back to Century Aluminum Co (CENX) Tops Q1 EPS by 2c, Revenue Misses

Century Reports First Quarter 2016 Financial Results

April 28, 2016 4:07 PM EDT

CHICAGO, IL -- (Marketwired) -- 04/28/16 -- Century Aluminum Company (NASDAQ: CENX) reported a net loss of $16.2 million ($0.19 per share) for the first quarter of 2016. Results were favorably impacted by a $5.8 million ($0.06 per share) lower of cost or market inventory adjustment. After consideration of this item, the company reported an adjusted net loss of $22.0 million and an adjusted loss per share of $0.23 for the first quarter.

For the first quarter of 2015, Century reported net income of $73.8 million. Results included $6.5 million for an unrealized gain on fair value of contingent consideration related to the Mt. Holly... More