Warrick

Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
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FRANKLIN, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced third quarter 2023 results.

Key Points: 
  • Adjusted EBITDA of $48 million in the third quarter 2023 increased $19 million compared to the prior year period and decreased $16 million compared to the second quarter 2023.
  • Adjusted EBITDA as a percentage of conversion revenue was 13.3% in the third quarter 2023 compared to 8.9% in the prior year period and 16.8% in the second quarter 2023.
  • As a result, consolidated adjusted EBITDA in the fourth quarter 2023 is expected to be in line to slightly higher as compared to its adjusted fourth quarter 2022 results.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, October 26, 2023, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its third quarter results.

Kaiser Aluminum Corporation Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, July 25, 2023
Treasury, Table, Pacific Ocean, Aluminium, Bank statement, Culture, Eastern Time Zone, Regulate... G Funk Era, Part II, GAAP, Central Time, ID, Warrick, EBITDA, Russell, Investment, Depreciation, Cost, Sumathi Best Television Current Reporting Award, Webcast, Growth, EPS, Security (finance), Alloy, Environment, News, Bookkeeping, Bank, Arms industry, Video game

FRANKLIN, Tenn., July 25, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced second quarter 2023 results.

Key Points: 
  • Conversion revenue for the second quarter 2023 was $379 million, reflecting an 8% increase compared to the prior year period.
  • Adjusted income per diluted share was $1.26 for the second quarter 2023, compared to adjusted loss per diluted share of $0.51 for the second quarter 2022.
  • Adjusted EBITDA of $64 million in the second quarter 2023 increased $33 million compared to the prior year period and increased $17 million compared to the first quarter 2023.
  • Kaiser Aluminum Corporation will host a conference call on Wednesday, July 26, 2023 at 11:00 am (Eastern Time); 10:00 am (Central Time); 8:00 am (Pacific Time), to discuss its second quarter results.

Kaiser Aluminum Corporation Announces the United Steelworkers Ratification of a New Four-Year Labor Agreement at its Warrick Rolling Mill

Retrieved on: 
Wednesday, May 17, 2023
Culture, USW, Warrick, United Steelworkers, Russell, Sumathi Best Television Current Reporting Award, Security (finance), KALU, News

The agreement with the United Steelworkers Local 104 (“USW”), which affects approximately 850 USW-represented employees, was effective on May 15, 2023, and extends through May 15, 2027.

Key Points: 
  • The agreement with the United Steelworkers Local 104 (“USW”), which affects approximately 850 USW-represented employees, was effective on May 15, 2023, and extends through May 15, 2027.
  • “We are very pleased to have reached a mutually beneficial agreement to position our Company and USW employees at Warrick for sustainable success,” said Keith A. Harvey, President and Chief Executive Officer.
  • The Company’s stock is included in the Russell 2000® index and the S&P Small Cap 600® index.
  • In addition, the Company provides a webcast of its quarterly earnings calls and certain events in which management participates or hosts with members of the investment community.

Kaiser Aluminum Corporation Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, April 26, 2023
Treasury, Semiconductor, Table, Pacific Ocean, Aluminium, Bank statement, Eastern Time Zone, Culture, Regulate... G Funk Era, Part II, GAAP, Central Time, ID, Warrick, EBITDA, Russell, Investment, Depreciation, Cost, Sumathi Best Television Current Reporting Award, Webcast, Growth, EPS, Security (finance), Alloy, News, Bookkeeping, Bank, Video game, Fine chemical, Cryptocurrency

FRANKLIN, Tenn., April 26, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced first quarter results.

Key Points: 
  • Conversion revenue for the first quarter 2023 was $369 million, reflecting a 4% increase compared to the prior year period.
  • Adjusted income per diluted share was $0.42 for the first quarter 2023, compared to adjusted income per diluted share of $0.53 for the first quarter 2022.
  • The Company expects its consolidated adjusted EBITDA margin in the second quarter 2023 to be flat to slightly higher compared to the first quarter 2023.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, April 27, 2023 at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its first quarter results.

Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, February 22, 2023
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FRANKLIN, Tenn., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, custom automotive and other industrial applications, today announced fourth quarter and full year 2022 results.

Key Points: 
  • Adjusted loss per diluted share was $0.45 for the fourth quarter 2022, compared to adjusted income per diluted share of $0.33 for the fourth quarter 2021.
  • Adjusted EBITDA of $30 million in the fourth quarter 2022 decreased $19 million compared to the prior year period.
  • For the first quarter 2023, the Company expects its consolidated adjusted EBITDA margin to improve by approximately 200 basis points from the fourth quarter 2022.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, February 23, 2023 at 11:00 am (Eastern Time); 10:00 am (Central Time); 8:00 am (Pacific Time), to discuss its fourth quarter and full year 2022 results.

Alcoa Corporation Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, January 18, 2023
Engineering, Mining, Minerals, Manufacturing, Natural Resources, Other Manufacturing, Steel, Line of credit, Security (finance), State, Public expenditure, EBITDA, DJSI, EST, Oxygen, Credit, Certification, ARO, Net, Dow Jones Sustainability Indices, ASI, Maintenance, Carbon, Warrick, Bauxite, Water, Credit management, ESG, Filtration, Sale, Willowdale, Portland aluminium smelter, Renewable energy, Aluminium, Oil, Life insurance, Airline, Gasoline, Video game, Fine chemical, Iron ore, Kwinana, SAN, Aluminium oxide

The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.

Key Points: 
  • The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.
  • Production began in the second quarter 2022, and it is anticipated that it will ship approximately 34,000 metric tons in the first quarter 2023 (Alcoa share).
  • The Company expects lower Alumina Segment Adjusted EBITDA of approximately $55 million per quarter in comparison to the fourth quarter 2022, after excluding $35 million of non-recurrence for the Alumar refinery ARO adjustment and certain other non-recurring expenses from the fourth quarter 2022, starting in the second quarter 2023 and continuing through the fourth quarter 2023.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Standard Time (EST) on Wednesday, January 18, 2023, to present fourth quarter and full year 2022 financial results and discuss the business, developments, and market conditions.

Uplight Demand-Side Solutions Deliver and Scale Amid Extreme Summer Weather Straining the Grid

Retrieved on: 
Thursday, October 6, 2022
Environment, EV, Electric Vehicles, Automotive, Other Energy, Utilities, Alternative Energy, Sustainability, Green Technology, Energy, LinkedIn, Warrick, Climate change, Marketing, Communication, Industry, EV, Twitter, Electricity, Weather, Solution, Technology, Renewable energy, Tutoring

Following summer heat waves that broke records across the country, utilities increasingly need solutions that can mitigate peak loads on the grid when temperatures become extreme and more people use more power to cool their buildings and homes.

Key Points: 
  • Following summer heat waves that broke records across the country, utilities increasingly need solutions that can mitigate peak loads on the grid when temperatures become extreme and more people use more power to cool their buildings and homes.
  • Uplights complete suite of solutions provides utilities critical tools they need to address the challenges presented by extreme weather at scale with simplified, streamlined digital experiences that get more customers enrolled in programs that both benefit them and ease demand on the grid.
  • These events have resulted in an estimated 766MW of load shifted during the summer season, a 40% year-over-year increase.
  • To learn more, visit us at www.uplight.com , find us on Twitter @Uplight or on LinkedIn at Linkedin.com/company/uplightenergy .

Alcoa Announces Partial Curtailment at Warrick Smelter in Indiana

Retrieved on: 
Friday, July 1, 2022
Natural Resources, Manufacturing, Other Manufacturing, Mining, Minerals, Chemicals, Plastics, Efficiency, Aluminium, AA, U.S. Securities and Exchange Commission, Warrick, Forward-looking statement, Corporation, Real progress, Private Securities Litigation Reform Act, NYSE, Safety, Security (finance), Iron ore, Risk management

Alcoa Corporation announced today that it will begin the process to immediately curtail one of three operating smelting lines at its Warrick Operations facility in Indiana due to operational challenges.

Key Points: 
  • Alcoa Corporation announced today that it will begin the process to immediately curtail one of three operating smelting lines at its Warrick Operations facility in Indiana due to operational challenges.
  • Each of the three smelting lines at Warrick have approximately 54,000 metric tons per year (mtpy) of annual capacity.
  • The one potline is expected to be fully curtailed by the end of the day on Friday, July 1, 2022.
  • Alcoa Warrick Operations has a total nameplate capacity of 269,000 mtpy across five potlines, including the three operating potlines with 161,000 mtpy of capacity.

Overhaul Appoints David Warrick, Former Microsoft Supply Chain Veteran, as Executive Vice President, Enterprise Division

Retrieved on: 
Wednesday, April 20, 2022
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AUSTIN, Texas, April 20, 2022 /PRNewswire/ -- Overhaul , a software-based, supply-chain visibility, integrity, safety and security solution for the world's leading brands,today announced the addition of David Warrick as Executive Vice President, Enterprise Division.

Key Points: 
  • AUSTIN, Texas, April 20, 2022 /PRNewswire/ -- Overhaul , a software-based, supply-chain visibility, integrity, safety and security solution for the world's leading brands,today announced the addition of David Warrick as Executive Vice President, Enterprise Division.
  • His pivotal roles working with a global leader like Microsoft will be instrumental as we continue to develop and grow," said Barry Conlon, CEO and founder of Overhaul.
  • Warrick joins Overhaul having spent the previous 23 years with Microsoft, most recently serving as General Manager Global Supply Chain and Supply Chain Technology Officer.
  • Additionally, Overhaul's logistics-experts team partners with each client to create a fully customized and comprehensive solution for the entire supply chain.

Veteran EOSIO Leaders and Team Behind EOS New York Join AIKON to Accelerate Innovation on the ORE Network

Retrieved on: 
Thursday, January 13, 2022
EOS, ID, CTO, Technology, News, Daos, SAN, COO, KOGS, Knowledge, Digital asset, Bank, Warrick, Solution, Fortune, EOS.IO, Blockchain, Economics, EBay, Buddy, SVP, NFT, Netscape, Industry, ORE, DAO, Bank of America, Non-fungible token, Labs, Compliance, Cryptocurrency, Management, Engineering

The team members were also part of the founding team behind EOS New York, one of the leading block producers on the EOS Network at inception.

Key Points: 
  • The team members were also part of the founding team behind EOS New York, one of the leading block producers on the EOS Network at inception.
  • These exceptional leaders join AIKON at a time of extreme customer and product-led growth for the company.
  • As co-founder of EOS New York, Rick led the EOS block production business strategy and oversaw operations across capital investments, finance and legal.
  • We have the user-friendly tools already in place to support DAOs, bolstered by the cross-chain blockchain assets, ORE Network, and the ORE ($ORE) Token," explains Rick."