AAM Reports Second Quarter 2024 Financial Results
AXLAmerican Axle & Manufacturing (AXL) Prnewswire·2024-08-09 20:00

AAM Delivers Another Solid QuarterDETROIT, Aug. 9, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2024. Second Quarter 2024 ResultsSales of 1.63billionNetincomeof1.63 billionNet income of 18.2 million, or 1.1% of salesAdjusted EBITDA of 208.4million,or12.8208.4 million, or 12.8% of salesDiluted earnings per share of 0.15; Adjusted earnings per share of 0.19Netcashprovidedbyoperatingactivitiesof0.19Net cash provided by operating activities of 142.8 million; Adjusted free cash flow of $97 ...