Arconic reports first quarter 2022 results and raises outlook

Pittsburgh--(business wire)--arconic corporation (nyse: arnc) (“arconic” or “the company”) today reported first quarter 2022 results. revenue was $2.2 billion, up 2% from the prior quarter, primarily due to higher aluminum prices, ongoing recovery in aerospace, and the ramp up of packaging sales in the united states, partially offset by weak ground transportation sales. the company reported net income of $42 million, or $0.39 per share, compared with $52 million, or $0.46 per share, in first qu
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