Dana Incorporated (DAN) Tops Q3 EPS by 16c

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Dana Incorporated Reports 2023 Third-quarter Financial Results, Achieves Robust Sales and Profit Growth, Maintains Full-year Sales and Profit Guidance

October 27, 2023 6:59 AM EDT

Key Highlights

Sales of $2.7 billion, an increase of $134 million or 5 percent over last yearNet income attributable to Dana of $19 million, an increase of $107 million over last yearDiluted EPS of $0.13; diluted adjusted EPS of $0.30, an increase of $0.06 per share over last yearAdjusted EBITDA of $242 million, an increase of $50 million or 26 percent over last yearAdjusted EBITDA margin of 9.1 percent, a 150 basis points improvement compared with last year

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