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Stock impact report

Dana Inc (DAN) Reports Record Sales and Profit Growth for 2023 [Yahoo! Finance]

Dana Incorporated (DAN) 
Last dana incorporated earnings: 4/30 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
Profit Growth : Adjusted EBITDA for the year increased to $845 million, up from $700 million in 2022. New Business Backlog : The company's new business sales backlog has increased to a record $950 million. Net Income : Dana reported a net income of $38 million for 2023, a substantial improvement from a net loss of $242 million in 2022. Free Cash Flow : Free cash flow was a use of $25 million in 2023, compared with a positive free cash flow of $209 million in 2022. Warning! GuruFocus has detected 4 Warning Signs with DAN. Dana Inc ( NYSE:DAN ) released its 8-K filing on February 20, 2024, disclosing its financial results for the fourth quarter and full-year 2023. Dana Inc, a global leader in the design and manufacturing of propulsion and energy-management solutions, reported record sales of $10.6 billion for the year, a 21% increase in profit, and a margin improvement of 110 basis points. The company's diverse portfolio, serving light vehicles, commercial vehicles, and off-h Show less Read more
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