Aam reports third quarter 2022 financial results

Aam continues to deliver positive free cash flow under current industry conditions detroit, nov. 4, 2022 /prnewswire/ -- american axle & manufacturing holdings, inc. (aam), (nyse: axl) today reported its financial results for the third quarter 2022. third quarter  2022 results sales of $1.54 billion net income of $26.5 million, or 1.7% of sales adjusted ebitda of $198.4 million, or 12.9% of sales diluted earnings per share of $0.22; adjusted earnings per share of $0.27 net cash provided by operating activities of $85.2 million; adjusted free cash flow of $45.8 million "we remain focused on consistent cash flow generation as we navigate near-term industry volatility stemming from ongoing semiconductor and supply chain challenges," said aam's chairman and chief executive officer, david c.
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