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Alcoa Corporation Reports Second Quarter 2017 Results

PITTSBURGH–(BUSINESS WIRE)–Alcoa Corporation (NYSE: AA): 2Q 2017 Results1 Net income of $75 million, or $0.40 per share Excluding special items, adjusted net income of $116 million, or $0.62 per share Adjusted earnings before interest, tax, depreciation, and amortization (EBITDA), excluding special items, of $483 million, down 9 percent sequentially on lower alumina prices Revenue of $2.9 billion, up 8 percent sequentially, on higher shipments $954 million cash balance and $1.4 billion of deb