Dana Earnings Reports

Dana Incorporated reported Q4 2024 sales of $2.3 billion, a decline from $2.5 billion in Q4 2023. The company recorded a net loss of $80 million, compared to a net loss of $39 million in the prior year. Adjusted EBITDA improved to $186 million, up from $156 million, driven by efficiency gains and cost reductions. Free cash flow also increased to $149 million from $136 million in Q4 2023.

Dana Incorporated reported sales of $2.48 billion and net income of $4 million for the third quarter of 2024. Adjusted EBITDA was $232 million, representing 9.4% of sales. The company maintained its full-year free cash flow guidance.

Dana Incorporated reported second-quarter financial results with increased Adjusted EBITDA and Adjusted EBITDA margin and raised full-year free cash flow guidance. Sales reached $2.74 billion, net income was $16 million, Adjusted EBITDA was $244 million, and free cash flow was $104 million.

Dana Incorporated reported a positive first quarter in 2024, marked by increased sales reaching $2.74 billion, an adjusted EBITDA of $223 million, and improved free cash flow. The company's performance was boosted by stable market demand and internal efficiency improvements, leading to a profit conversion of 39% on traditional organic sales. Dana also raised its full-year free cash flow guidance.

Dana Incorporated reported fourth-quarter sales of $2.5 billion, a decrease compared to the same period in 2022. The net loss attributable to Dana was $39 million, or $0.27 per share. Adjusted EBITDA was $156 million, compared to $176 million for the same period in 2022.

Dana Incorporated reported strong sales of $2.67 billion for the third quarter of 2023, a $134 million increase compared to the same period last year. Net income attributable to Dana was $19 million, or $0.13 per share, compared to a net loss of $88 million, or $0.61 per share, in the third quarter of 2022. Adjusted EBITDA for the third quarter of 2023 was $242 million, compared with $192 million for the same period in 2022.

Dana Incorporated reported strong second-quarter financial results, with sales of $2.75 billion, a net income of $30 million, adjusted EBITDA of $243 million, and free cash flow of $134 million. The company's performance was driven by higher market demand, cost-recovery actions, and conversion of its sales backlog. Dana also raised its full-year guidance, reflecting confidence in its ability to continue to execute its strategy and capitalize on strong demand across its end markets.

Dana Incorporated reported strong first-quarter results with sales of $2.64 billion, a 7% increase year-over-year. Net income attributable to Dana was $28 million, and adjusted EBITDA was $204 million, driven by healthy customer demand and new business.

Dana Incorporated reported a sales increase of $2.56 billion for Q4 2022, up from $2.27 billion in the same period of 2021. The company's adjusted EBITDA also rose to $176 million from $118 million year-over-year. However, the company experienced a net loss of $179 million, primarily due to the recording of $155 million of additional non-cash valuation allowances on U.S. federal tax credits.

Dana Incorporated reported strong third-quarter 2022 financial results, featuring sales of $2.54 billion and free cash flow of $77 million. The company reaffirmed its full-year financial targets despite ongoing supply and production disruptions and record inflationary costs.

Dana Incorporated reported second-quarter 2022 financial results with increased sales of $2.59 billion, but margins were impacted by record inflation, rising material costs, and supply-chain disruptions. Despite these challenges, the company generated significant cash flow.

Dana Incorporated reported first-quarter sales of $2.48 billion, a $217 million increase from the previous year, driven by strong demand in heavy-vehicle markets and recovery of commodity costs and inflation. Net income attributable to Dana was $17 million, with diluted EPS of $0.12. Adjusted EBITDA was $170 million, while operating cash flow was a use of $121 million and free cash flow was a use of $237 million.

Dana Incorporated reported fourth-quarter sales of $2.27 billion, a $165 million increase compared to the same period in 2020. Net income attributable to Dana was $25 million, a decrease from $40 million in the same period of 2020. Adjusted EBITDA was $118 million, compared to $192 million for the same period in 2020. Diluted adjusted earnings per share were negligible, compared with $0.24 in the same period of the prior year.

Dana Incorporated reported sales of $2.2 billion for the third quarter of 2021, a $210 million increase compared to the same period in 2020. Net income attributable to Dana was $48 million, up $3 million from last year's third quarter. Adjusted EBITDA was $210 million, compared to $201 million in the same period of 2020. Diluted adjusted earnings per share were $0.41, compared to $0.37 in the third quarter of 2020.

Dana Incorporated reported strong second-quarter results with sales reaching $2.2 billion, a net income of $53 million, and an adjusted EBITDA of $233 million. The company is managing supply-chain challenges and remains focused on expanding its vehicle electrification business.

Dana Incorporated reported a strong first quarter in 2021 with sales of $2.3 billion, a net income of $71 million, and an adjusted EBITDA of $234 million. The company raised its full-year guidance due to the strong sales performance and recovery in end-markets.

Dana Incorporated reported its Q4 2020 results in a press release. The company's Board of Directors reinstated the quarterly dividend and extended the share repurchase authorization.

Dana Incorporated reported a significant sequential sales increase of 85 percent in the third quarter of 2020, amounting to $2 billion. Net income attributable to Dana was $45 million, with a diluted EPS of $0.31. Adjusted EBITDA stood at $201 million, representing 10.1 percent of sales. The company also invested in Pi Innovo LLC to strengthen its e-Propulsion capabilities.

Dana Incorporated reported a challenging second quarter in 2020, with sales significantly impacted by the COVID-19 pandemic. The company experienced a net loss, but implemented cost management and cash conservation measures to mitigate the financial impact. They maintain a strong liquidity position and are focused on growth across multiple end-markets.

Dana Incorporated reported a decrease in sales and net income for the first quarter of 2020, primarily due to weaker demand in heavy-vehicle markets and the COVID-19 pandemic. The company reported sales of $1.93 billion and a net income of $38 million. Adjusted EBITDA was $205 million, and diluted adjusted EPS was $0.47.

Dana Incorporated reported fourth-quarter sales of $1.99 billion, a slight increase from $1.97 billion in 2018. Net income was $85 million, down from $100 million in the same period last year. Adjusted EBITDA was $226 million, compared to $223 million in the prior year.