Alcoa reports loss on restructuring

April 8 Tue Apr 8, 2014 4:15pm EDT

April 8 (Reuters) - Alcoa Inc reported a first quarter loss on Tuesday, hurt by restructuring charges linked to recent smelter and mill closures as well as a decline in aluminum prices.

Net loss was $178 million, 16 cents a share, compared with net income of $149 million, or 13 cents, a year earlier. Sales fell to $5.45 billion from $5.83 billion. (Reporting by Allison Martell)

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