Aam reports second quarter 2023 financial results

Delivers strong cash flow detroit , aug. 4, 2023 /prnewswire/ -- american axle & manufacturing holdings, inc. (aam), (nyse: axl) today reported its financial results for the second quarter 2023.  second quarter  2023 results sales of $1.57 billion net income of $8.0 million, or 0.5% of sales adjusted ebitda of $191.6 million, or 12.2% of sales diluted earnings per share of $0.07; adjusted earnings per share of $0.12 net cash provided by operating activities of $132.8 million; adjusted free cash flow of $95.8 million "aam posted positive second quarter financial performance while navigating through continued production volatility, inflation headwinds, launches and labor availability," said aam's chairman and chief executive officer, david c.
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