secwatch.observer — SEC 8-K summary
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Issuer:     Alcoa Corp (AA)
CIK:        0001675149
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0001157523-23-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alcoa reports Q4 net loss $374M, adjusted loss $0.70/share; full-year loss $102M
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- Q4 revenue $2.7B, net loss $374M ($2.12/share); adjusted net loss $123M ($0.70/share).
- Full-year 2022 revenue $12.5B, net loss $102M ($0.57/share); adjusted net income $890M ($4.83/share).
- Q4 adjusted EBITDA excluding special items $29M; cash balance $1.47B; free cash flow negative $53M.
- Returned $500M in share repurchases and $72M in dividends; completed $3.3B pension annuity transfer.
- 2023 alumina shipments guided 12.7-12.9M tonnes; Kwinana refinery partially curtailed due to gas disruption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675149/000115752323000063/0001157523-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675149/000115752323000063/a53208550.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000063

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