American Axle & Manufacturing Holdings, Inc. reported sales of $1.63 billion and net income of $18.2 million for the second quarter of 2024. Adjusted EPS was $0.19, and Adjusted EBITDA reached $208.4 million.
Sales reached $1.63 billion.
Net income was $18.2 million, or 1.1% of sales.
Adjusted EBITDA was $208.4 million, or 12.8% of sales.
Diluted earnings per share were $0.15; Adjusted earnings per share was $0.19.
AAM is targeting sales in the range of $6.1 - $6.3 billion and Adjusted EBITDA in the range of $705 - $755 million.
Visualization of income flow from segment revenue to net income
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