Alcoa Corporation reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 2,906 million compared to USD 2,684 million a year ago. Net income was USD 20 million compared to net loss of USD 102 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to diluted loss per share from continuing operations of USD 0.57 a year ago.
For the six months, sales was USD 5,505 million compared to USD 5,354 million a year ago. Net loss was USD 232 million compared to USD 333 million a year ago. Basic loss per share from continuing operations was USD 1.29 compared to USD 1.87 a year ago. Diluted loss per share from continuing operations was USD 1.29 compared to USD 1.87 a year ago.