Arconic (ARNC) Reports Q2 Loss Per Share of $3.89
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Arconic Reports Second Quarter 2021 Results Demonstrating Profitability Growth and Near-Term Opportunities
August 3, 2021 6:45 AM EDTSecond Quarter 2021 Highlights
Sales of $1.8 billion, up 52% year over year, and up 8% from prior quarter Net loss of $427 million, or $3.89 per share, compared with net loss of $96 million, or $0.88 per share, in second quarter 2020. Second quarter 2021 includes an after-tax charge of $423 million related to a partial annuitization of U.S. pension obligations Adjusted EBITDA of $187 million, up 89% year over year, and up 4% from prior quarter. Adjusted EBITDA margin of 10.4% Repurchased nearly 250,000 shares for approximately $9 million Completed $1 billion partial annuitization of U.S. pension obligations Strong financial profile creating a range of... More