ARNC News and Press, Arconic Inc. From 01/27/23

The Board of Directors of Howmet Aerospace (NYSE:HWM) declared (a) a dividend of 4 cents per share on the outstanding Common Stock of the Company, to be paid on February 27, 2023, to the holders of record of the Common Stock at the close of business on February 10, 2023; and (b) a dividend of 93....

Howmet Aerospace Inc. (NYSE:HWM) will announce its fourth quarter 2022 and full year 2022 financial results on Tuesday, February 14, 2023. The press release and presentation materials will be available at approximately 7:00 AM ET on February 14, 2023, via the “Investors” section of ...

Summary High energy prices and limited supply chains make European capital-intensive businesses less competitive. I expect that Arconic Corporation will be able to take advantage of secular tailwinds to free up more cash flows out of production outlays. I believe the current depress...

Arconic ( NYSE: ARNC ) on Wednesday said its board had approved a two-year share buyback program of up to $200M. The share repurchase comes about two weeks after ARNC reported its Q3 results , in which it cut its FY 2022 revenue guidance. "Following the completion ...

Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) announced today that its Board of Directors approved a two-year share repurchase program authorizing the repurchase of up to $200 million of common stock. Tim Myers, Chief Executive Officer, sa...

Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) announced today that the Company completed the sale of 100% of its Russian operations to Promishlennie Investitsii LLC, the majority owner of VSMPO-AVISMA Corporation, for cash proceeds of $230 mil...

Arconic Corporation (ARNC) Q3 2022 Earnings Conference Call November 1, 2022 10:00 ET Company Participants Shane Rourke - Director, Investor Relations Tim Myers - Chief Executive Officer Erick Asmussen - Executive Vice President and Chief Financial Officer ...

The following slide deck was published by Arconic Corporation in conjunction with their 2022 Q3 earnings call. For further details see: Arconic Corporation 2022 Q3 - Results - Earnings Call Presentation

Arconic press release ( NYSE: ARNC ): Q3 GAAP EPS of -$0.64. Revenue of $2.28B (+20.6% Y/Y). Adjusted EBITDA of $143 million, down 16% year over year Cash provided from operations of $91 million Outlook: The Company is updating its full-year 2022 outlook. A...

Third Quarter 2022 Highlights Sales of $2.3 billion, up 21% year over year, down 11% from prior quarter Net loss of $65 million, or $0.64 per share, compared with net income of $16 million, or $0.15 per share, in 3Q 2021. Third quarter 2022 includes an after-tax, non-cash ...