Ceramic Industry News

Alcoa Reports Fourth Quarter, Year End Results

January 12, 2004
/ Print / Reprints /
/ Text Size+
Alcoa recently reported fourth quarter income from continuing operations of $340 million, or $0.39 per diluted share, up 21% from the previous quarter's $282 million, or $0.33 per share. The results were a substantial improvement over the loss from continuing operations of $146 million, or $0.17 per share, in the fourth quarter of last year. Net income in the fourth quarter was $291 million, up 4% from $280 million in the third quarter of 2003, and significantly improved from a loss of $223 million in the fourth quarter of 2002. The difference between net income and income from continuing operations in the fourth quarter of 2003 is due primarily to an adjustment to the anticipated proceeds from the sale of discontinued operations. Both measures are recognized by Generally Accepted Accounting Principles. For the full year, income from continuing operations was $1.034 billion, or $1.20 per diluted share, the highest in three years. Net income was $938 million, or $1.08 per diluted share, a 123% improvement over 2002.

For additional details, visit http://www.alcoa.com .

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px