Alcoa Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 2,595 million compared to USD 2,663 million a year ago. Net loss was USD 150 million compared to USD 395 million a year ago. Basic loss per share from continuing operations was USD 0.84 compared to USD 2.24 a year ago. Diluted loss per share from continuing operations was USD 0.84 compared to USD 2.24 a year ago.
For the full year, sales was USD 10,551 million compared to USD 12,451 million a year ago. Net loss was USD 651 million compared to USD 123 million a year ago. Basic loss per share from continuing operations was USD 3.65 compared to USD 0.68 a year ago. Diluted loss per share from continuing operations was USD 3.65 compared to USD 0.68 a year ago.