CENX - Century Aluminum Non-GAAP EPS of -$0.31 revenue of $529.9M misses by $8.85M
- Century Aluminum press release ( NASDAQ: CENX ): Q4 Non-GAAP EPS of -$0.31.
- Revenue of $529.9M (-19.6% Y/Y) misses by $8.85M .
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Full Year 2022 Highlights
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Net sales $2.8 billion, a 26% increase from prior year
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Reported net loss of $(14.1) million, or $(0.15) per share; adjusted net income of $25.6 million, or $0.26 per share; Adjusted EBITDA of $143.8 million
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Adjusted EBITDA for the full year 2022 was $143.8 million, a decrease of $30.4 million compared to the prior year, primarily driven by increased power prices and lower shipment volume.
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First Quarter 2023 Outlook
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The company expects first quarter Adjusted EBITDA to range between $10 to $15 million
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Century Aluminum Non-GAAP EPS of -$0.31, revenue of $529.9M misses by $8.85M