---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000066"
form_type: "8-K"
ticker: "AA"
cik: "0001675149"
company_name: "Alcoa Corp"
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:36:26.654976+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alcoa Q4 2023 net loss $150M; revenue $2.6B flat; cost savings target $100M

## Summary
- Q4 net loss $150M ($0.84/sh); adjusted loss $100M ($0.56/sh); revenue $2.6B flat sequentially.
- FY2023 net loss $651M ($3.65/sh) vs. $123M loss in FY2022; adjusted EBITDA $536M down 76%.
- Amended RCF: interest coverage ratio reduced to 3.00x for 2024; collateral with ratings-based release in 2025.
- Cost savings program targeting ~$100M annual run-rate by Q1 2025; Kwinana refinery curtailment announced.

## SEC filing metadata
- accession: 0001157523-24-000066
- form_type: 8-K
- ticker: AA
- cik: 0001675149
- company_name: Alcoa Corp
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675149/000115752324000066/0001157523-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675149/000115752324000066/a53881096.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000066
- JSON: https://secwatch.observer/filing/0001157523-24-000066.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000066.txt

## Key facts
- Earnings Releases
  Alcoa Corp reported financial results for fourth quarter and full year 2023.
  - Period: fourth quarter and full year 2023
  - Result: reported results
  source text: On January 17, 2024, Alcoa Corporation (the “Company”) issued a press release announcing its fourth quarter and full year 2023 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675149/000115752324000066/0001157523-24-000066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.