Arconic (ARNC) Reports Q4 GAAP EPS of ($0.36)

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Go back to Arconic (ARNC) Reports Q4 GAAP EPS of ($0.36)

Arconic Reports Fourth Quarter 2021 and Full Year 2021 Results

February 18, 2022 6:45 AM EST

Fourth Quarter 2021 Highlights

Sales of $2.1 billion, up 46% year over year, up 13% from prior quarter Net loss of $38 million, or $0.36 per share, compared with net loss of $64 million, or $0.59 per share, in fourth quarter 2020. Fourth quarter 2021 includes an after-tax non-cash goodwill impairment charge of $65 million Adjusted EBITDA of $175 million, up 16% year over year and up 2% from prior quarter Repurchased approximately 1.8 million shares at a cost of approximately $55 million

Full Year 2021 Highlights

Sales of $7.5 billion, up 32% year over year Net loss of $397 million, or $3.65 per... More