January 17, 2018 / 9:42 PM / 7 months ago

Alcoa reports bigger quarterly loss

Jan 17 (Reuters) - Aluminum producer Alcoa Corp reported a bigger quarterly loss on Wednesday, hurt by the closure and divestiture of some smelting assets.

The net loss attributable to Alcoa widened to $196 million, or $1.06 per share, in the fourth quarter ended Dec. 31, from $125 million, or $0.68 per share, a year earlier.

Revenue rose 25.1 percent to $3.17 billion. (Reporting by Arunima Banerjee in Bengaluru; Editing by Maju Samuel)

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