Alcoa (AA) Tops Q1 EPS by 1c

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Go back to Alcoa (AA) Tops Q1 EPS by 1c

Alcoa Corporation Reports First Quarter 2020 Results

April 22, 2020 4:10 PM EDT

Taking steps to address uncertainty from COVID-19 while executing strategic actions and existing programs

Net income of $80 million, or $0.43 per share Excluding special items, adjusted net loss of $42 million, or $0.23 per share $321 million of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) excluding special items Revenue of $2.4 billion $90 million cash used for operations; negative $181 million free cash flow $829 million cash balance and $1.8 billion of debt, for net debt of $973 million, as of March 31, 2020 Announcing the curtailment of the remaining 230,000 metric tons of uncompetitive... More