Gm releases 2023 first-quarter results and raises full-year guidance

Detroit , april 25, 2023 /prnewswire/ -- general motors co. (nyse: gm) today reported first-quarter 2023 revenue of $40.0 billion, net income attributable to stockholders of $2.4 billion and ebit-adjusted of $3.8 billion. gm is also updating its full-year 2023 earnings guidance: u.s. gaap net income attributable to stockholders of $8.4 billion-$9.9 billion, compared to the previous outlook of $8.7 billion-$10.1 billion, including $0.9 billion of charges related to the voluntary separation program ebit-adjusted of $11.0 billion-$13.0 billion, compared to the previous outlook of $10.5 billion-$12.5 billion u.s. gaap net automotive cash provided by operating activities of $16.5 billion-$20.5 billion, compared to the previous outlook of $16.0 billion-$20.0 billion adjusted automotive free cash flow of $5.5 billion-$7.5 billion, compared to the previous outlook of $5.0 billion-$7.0 billion see below for reconciliations of non-gaap measures to their most directly comparable gaap measures or visit the gm investor relations website for complete details.
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