Century Aluminum Co (CENX) Misses Q3 EPS by 9c
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Century Aluminum Company Reports Third Quarter 2019 Results
November 5, 2019 4:06 PM ESTCHICAGO, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced its third quarter 2019 results.
Third Quarter 2019 Financial Results
Shipments of 198,543 tonnes, a 2% decrease over prior quarterNet sales of $438.0 million, a 7% decrease over prior quarter primarily due to lower LME pricesNet loss of $20.7 million, or $0.23 per shareAdjusted net loss1 of $37.4 million, or $0.39 per shareAdjusted EBITDA1 of $(12.2) million primarily due to low LME prices and lagged high alumina prices... More