Alcoa Corporation reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 2,663 million compared to USD 3,340 million a year ago. Net loss was USD 374 million compared to USD 392 million a year ago. Basic loss per share from continuing operations was USD 2.12 compared to USD 2.11 a year ago. Diluted loss per share from continuing operations was USD 2.12 compared to USD 2.11 a year ago.
For the full year, sales was USD 12,451 million compared to USD 12,152 million a year ago. Net loss was USD 102 million compared to net income of USD 429 million a year ago. Basic loss per share from continuing operations was USD 0.57 compared to basic earnings per share from continuing operations of USD 2.3 a year ago. Diluted loss per share from continuing operations was USD 0.57 compared to diluted earnings per share from continuing operations of USD 2.26 a year ago.