The company states: “Adjusted EBITDA excluding special items was $132 million, a sequential increase of $43 million primarily due to lower energy and raw material costs, partially offset by lower average realized third-party price for aluminum and higher production costs.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AA:
- Options Volatility and Implied Earnings Moves Today, April 17, 2024
- Aluminum: It May Be Time to Invest in This Not-so-Precious Metal
- Options Volatility and Implied Earnings Moves This Week, April 15 – April 19, 2024
- Alcoa Corporation (AA) Q1 Earnings Cheat Sheet
- Alcoa call volume above normal and directionally bullish