Arconic (ARNC) Tops Q2 EPS by 28c
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Arconic Reports Second Quarter 2022 Results
August 2, 2022 6:45 AM EDTSecond Quarter 2022 Highlights
Sales of $2.5 billion, up 41% year over year, up 16% from prior quarter Net income of $114 million, or $1.05 per share, compared with a net loss of $427 million, or $3.89 per share, in second quarter 2021 Adjusted EBITDA of $204 million, up 9% year over year Cash provided from operations of $162 millionPITTSBURGH--(BUSINESS WIRE)-- Arconic Corporation (NYSE: ARNC) (Arconic or the Company) today reported second quarter 2022 results. Revenue was $2.5 billion, up 16% from the prior quarter, primarily due to the ramp up of packaging sales in the United... More
