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0.0184696569920845 0.0356200527704486 0.0158311345646438 0.0224274406332454 0.0488126649076517 0.0408970976253299 0.0343007915567283 0.0435356200527705
Stock impact report

Alcoa Corporation Reports First Quarter 2020 Results

Alcoa Corporation (AA) 
Last alcoa corporation earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
Company Research Source: Business Wire
Taking steps to address uncertainty from COVID-19 while executing strategic actions and existing programsNet income of $80 million, or $0.43 per shareExcluding 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 itemsRevenue 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, 2020Announcing the curtailment of the remaining 230,000 metric tons of uncompetitive smelting capacity at the Intalco smelter in Washington State as part of continuing portfolio reviewAddressing the risks posed by the pandemic to protect our employees, operations and communities; all of Alcoa’s bauxite mines, alumina refineries, aluminum smelters, casthouses, energy assets and its rolling mill remain operationalContinuing to pursue sale of non-core asse Show less Read more
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