Century Aluminum narrows Q1 net loss to $38.6M; EBITDA turns positive at $24.1M

CENTURY ALUMINUM CO

2023-Q1 EPS reported -$0.42 revenue$552,400,000

Q1 net loss of $38.6M, improved from Q4 loss of $113.5M; diluted loss per share $0.42 vs $1.24.
Adjusted EBITDA of $24.1M versus -$12.4M in Q4; adjusted loss per share $0.11 (improved from $0.31).
Shipments 181,165 tonnes (+7% QoQ); net sales $552.4M, up 4% from Q4.
Realized LME aluminum price $2,350/T (+$42/T); Kentucky energy costs fell 47% to $30/MWh.
Acquired 55% interest in Jamalco bauxite/alumina operation; total liquidity $241.0M as of March 31.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CENTURY ALUMINUM CO reported financial results for quarter ended March 31, 2023.

Period: quarter ended March 31, 2023
Result: reported results

Exact text from the filing

On May 8, 2023 , Century Aluminum Company (the "Company") issued a press release announcing its results of operations for quarter ended March 31, 2023.

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Source: SEC EDGAR

accession 0000949157-23-000032

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