Alcoa (AA) Misses Q4 EPS by 9c, Comments on Outlook
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Alcoa Corporation Reports Fourth Quarter and Full-Year 2019 Results
January 15, 2020 4:14 PM ESTFourth Quarter 2019
Net loss of $303 million, or $1.63 per share Excluding special items, adjusted net loss of $57 million, or $0.31 per share $346 million of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) excluding special items Revenue of $2.4 billion $262 million cash from operations; free cash flow of $128 million $879 million cash balance and $1.8 billion of debt, for net debt of $921 million, as of December 31, 2019 Company takes actions aligned with strategic priorities to reduce complexity, drive returns and advance sustainably, including closing one fully curtailed alumina refinery as part... More