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Alpha Reports Second Quarter 2022 Financial Results

https://www.prnewswire.com/news-releases/alpha-reports-second-quarter-2022-financial-results-301601141.html
Alpha Reports Second Quarter 2022 Financial Results
CEO Stetson Announces Planned Transition to Executive Board Chairman at Year End; President and CFO Eidson to Assume CEO Role Provides details on succession roadmap for Stetson's end of year planned retirement Reports second quarter net income from continuing operations of $575.4 million Posts record Adjusted EBITDA of $694.5 million for the second quarter 2022 Eliminates remaining term-loan balance in June, effectively freeing the company of long-term debt Reports $268 million in buybacks through share repurchase program Increases quarterly dividend amount to 39.2 cents per share Adjusts full-year guidance upward for byproduct thermal shipments from the Met segment and SG&A BRISTOL, Tenn. , Aug. 8, 2022 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the second quarter ending June 30, 2022.
2022-30-08
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