Century Aluminum swings to Q2 net income of $7.5M; adjusted EPS $0.16

CENTURY ALUMINUM CO

2023-Q2 EPS reported -$0.34 revenue$1,127,900,000

Net income $7.5M ($0.07 diluted EPS) vs Q1 net loss $38.6M; adjusted net income $15.5M ($0.16 adjusted EPS).
Net sales $575.5M, up from $552.4M in Q1; aluminum shipments 173,649 tonnes.
Realized LME aluminum price $2,371/T, up $21/T from prior quarter; decreased input costs.
Total liquidity $231.1M; all operating smelters at targeted utilization levels.
Jamalco refinery exited Q2 at targeted production levels.

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