AAM Reports First Quarter 2024 Financial Results
AXLAmerican Axle & Manufacturing (AXL) Prnewswire·2024-05-03 20:00

AAM Starts 2024 With Solid Performance DETROIT, May 3, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter 2024. First Quarter 2024 Results Sales of 1.61billionNetincomeof1.61 billion Net income of 20.5 million, or 1.3% of sales Adjusted EBITDA of 205.6million,or12.8205.6 million, or 12.8% of sales Diluted earnings per share of 0.17; Adjusted earnings per share of 0.18Netcashprovidedbyoperatingactivitiesof0.18 Net cash provided by operating activities of 17.8 million; Adjusted free cash flow ...