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O-I Glass, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,641 million compared to USD 1,693 million a year ago. Net loss was USD 470 million compared to net income of USD 13 million a year ago. Basic loss per share from continuing operations was USD 3.05 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 3.05 compared to diluted earnings per share from continuing operations of USD 0.08 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 1641 | 1743 | 1890 | 1831 |
Gross Profit | 231 | 364 | 416 | 484 |
Operating Income | 73 | 202 | 244 | 307 |
Net Income | -470 | 51 | 110 | 206 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 9669 | 9735 | 9911 | 9425 |
Total Liabilities | 7925 | 7622 | 7768 | 7538 |
Total Equity | 1744 | 2113 | 2143 | 1887 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 381 | 339 | 291 | -193 |
Cash From Investing Activities | -226 | -191 | -168 | -98 |
Cash From Financing Activities | -58 | -101 | 148 | -16 |
Net Change in Cash | 121 | 38 | 274 | -293 |
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