Kaiser Aluminum Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 25, 2022 at 04:30 pm EDT
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Kaiser Aluminum Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 954.2 million compared to USD 741 million a year ago. Net loss was USD 13.8 million compared to USD 22.4 million a year ago. Basic loss per share from continuing operations was USD 0.87 compared to USD 1.42 a year ago. Diluted loss per share from continuing operations was USD 0.87 compared to USD 1.42 a year ago.
For the six months, sales was USD 1,903 million compared to USD 1,065 million a year ago. Net loss was USD 5.7 million compared to USD 17.9 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 0.36 compared to USD 1.13 a year ago.
Kaiser Aluminum Corporation is a producer of semi-fabricated specialty aluminum products. The Company's fabricated aluminum mill products include flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. Its business focuses on producing rolled, extruded, and drawn aluminum products used principally for aerospace and defense, aluminum beverage and food packaging, general engineering that include consumer durables, electronics and products for electrical and machinery and equipment applications and automotive products. It provides its products for a range of market applications, including aerospace and high strength (Aero/HS products); beverage and food packaging products (Packaging); general engineering (GE products); automotive (Automotive Extrusions), and other products. Its Automotive Extrusions consist of extruded aluminum products for many North American automotive applications.
KAISER ALUMINUM CORPORATION 
