Aam reports first quarter 2024 financial results

Aam starts 2024 with solid performance detroit , may 3, 2024 /prnewswire/ -- american axle & manufacturing holdings, inc. (aam), (nyse: axl) today reported its financial results for the first quarter 2024.  first quarter  2024 results sales of $1.61 billion net income of $20.5 million, or 1.3% of sales adjusted ebitda of $205.6 million, or 12.8% of sales diluted earnings per share of $0.17; adjusted earnings per share of $0.18 net cash provided by operating activities of $17.8 million; adjusted free cash flow use of $(21.4) million "aam is off to a good start in 2024, posting solid first quarter financial performance driven by better-than-expected volume and mix and sequential improvement in aam's overall performance.
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