Dana incorporated reports second-quarter 2022 financial results, generates strong free cash flow and maintains sales guidance

Key highlights sales of $2.59 billion, an increase of $381 million net income attributable to dana of $8 million diluted eps of $0.06 adjusted ebitda of $162 million diluted adjusted eps of $0.08 free cash flow of $167 million, an increase of $180 million maumee, ohio , august 3, 2022 /prnewswire/ -- dana incorporated (nyse: dan) today announced financial results for the second quarter of 2022. "while strong demand, the launching of our new business backlog, and the recovery of commodity costs continued to fuel sales growth for dana in the second quarter, margins were impacted as a result of record inflation and rising material costs, ongoing supply-chain disruptions, and volatile customer demand schedules that are affecting the entire mobility industry," said james kamsickas, dana chairman and chief executive officer.
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