Aam reports third quarter 2023 financial results

Generates strong cash flow detroit , nov. 3, 2023 /prnewswire/ -- american axle & manufacturing holdings, inc. (aam), (nyse: axl) today reported its financial results for the third quarter 2023.  third quarter  2023 results sales of $1.55 billion net loss of $(17.4) million, or (1.1)% of sales adjusted ebitda of $156.8 million, or 10.1% of sales diluted loss per share of $(0.15); adjusted loss per share of $(0.11) net cash provided by operating activities of $178.3 million; adjusted free cash flow of $135.8 million "aam's third quarter financial performance reflected greater than anticipated downtime at key customers, operational inefficiencies and the uaw work stoppage," said aam's chairman and chief executive officer, david c.
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