Dana Holdings (DAN) Misses Q1 EPS by 8c

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Dana Holding Corporation Announces First-Quarter 2016 Financial Results, Significant New Business Growth

April 21, 2016 6:59 AM EDT

MAUMEE, Ohio, April 21, 2016 /PRNewswire/ --

Highlights

Sales of $1.45 billion Net income attributable to Dana of $45 million Diluted adjusted EPS of $0.34 Adjusted EBITDA of $148 million, providing a margin of 10.2 percent Significant new business wins Affirmed key financial guidance; adjusts capital spending and free cash flow as a result of new business wins Acquisition of Magnum Gaskets® completed Repurchase of $28 million of common stock; 70 million shares repurchased or redeemed since program... More