Alpha Metallurgical Q4 net income $176M ($12.88 EPS); board reshuffled

Alpha Metallurgical Resources, Inc.

2023-FY EPS reported $49.30 revenue$3,471,417,000

Net income of $176.0M ($12.88 diluted EPS) in Q4 2023, compared to $220.7M ($13.37) in Q4 2022.
Adjusted EBITDA of $266.3M in Q4 2023, up from $247.9M in Q4 2022.
Coal tons sold of 4.6M in Q4 2023, up 18% YoY from 3.9M in Q4 2022.
Three directors resigned due to age limitation; Shelly Lombard appointed director and audit chair; board reduced to 7.
Approximately $1.1B returned to shareholders via buyback since program inception.

item 2.02 item 5.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Alpha Metallurgical Resources, Inc. reported fourth quarter and full year ending December 31, 2023 results: net income $176.0 million, EPS $12.88 per diluted share.

Period: fourth quarter and full year ending December 31, 2023
Net income: $176.0 million
EPS: $12.88 per diluted share
Result: reported results

Exact text from the filing

Alpha Announces Financial Results for Fourth Quarter and Full Year 2023 • Posts fourth quarter net income of $176.0 million, or $12.88 per diluted share

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Alpha Metallurgical Resources, Inc. filing history →

Source: SEC EDGAR

accession 0001704715-24-000027

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