Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2023 Financial Results
FRANKLIN, Tenn., Feb. 21, 2024 (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 fourth quarter and full year 2023 results.
- Conversion revenue for the fourth quarter 2023 was $361 million, reflecting a 2% increase compared to the prior year period.
- Adjusted net income per diluted share was $0.60 for the fourth quarter 2023, compared to an adjusted net loss per diluted share of $0.35 for the fourth quarter 2022.
- Adjusted EBITDA of $52 million in the fourth quarter 2023 increased $22 million compared to the prior year period and increased $4 million compared to the third quarter 2023.
- Kaiser Aluminum Corporation will host a conference call on Thursday, February 22, 2024, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its fourth quarter and full year 2023 results.