Dana incorporated reports 2023 first-quarter financial results with record sales and higher profit

Key highlights sales of $2.64 billion, an increase of $164 million or 7 percent over last year net income attributable to dana of $28 million, an increase of $11 million over last year diluted eps of $0.19; diluted adjusted eps of $0.25, an increase of $0.09 per share adjusted ebitda of $204 million, an increase of $34 million or 20 percent over last year adjusted ebitda margin improved by 80 basis points compared with last year leveraging cutting-edge 4-in-1 e-propulsion systems across all end markets maumee, ohio , april 28, 2023 /prnewswire/ -- dana incorporated (nyse: dan) today announced financial results for the first quarter of 2023. "dana achieved strong sales of $2.64 billion in the first quarter, with significantly improved profit margin over the previous year, driven by healthy customer demand in all our end markets, as well as new and replacement business rolling-on," said james kamsickas, dana chairman and chief executive officer.
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