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Allison Transmission announced first quarter 2020 results with net sales of $637 million, net income of $139 million, and adjusted EBITDA of $257 million.
Net sales reached $637 million.
Net income was $139 million, representing 22% of net sales.
Adjusted EBITDA totaled $257 million, 40% of net sales.
Diluted EPS was $1.20.
Due to the uncertain duration of the pandemic, as well as continuously evolving customer demand and supply chain readiness, we cannot conclusively provide a full year 2020 revenue, earnings or cash flow outlook at this time.
Visualization of income flow from segment revenue to net income