DANA INC
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
DAN$23.11+7.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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PART I – FINANCIAL INFORMATION Financial Statements Consolidated Statement of Operations (Unaudited)
PART I – FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
Dana Incorporated
Consolidated Statement of Operations (Unaudited)
(In millions, except per share amounts)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2024 | 2023 | |
| Net sales | $2,735 | $2,644 |
| Costs and expenses | ||
| Cost of sales | 2,491 | 2,415 |
| Selling, general and administrative expenses | 139 | 140 |
| Amortization of intangibles | 3 | 3 |
| Restructuring charges, net | 5 | 1 |
| Loss on disposal group held for sale | (29) | |
| Other income (expense), net | 2 | 5 |
| Earnings before interest and income taxes | 70 | 90 |
| Interest income | 4 | 4 |
| Interest expense | 39 | 34 |
| Earnings before income taxes | 35 | 60 |
| Income tax expense | 37 | 30 |
| Equity in earnings of affiliates | 2 | 1 |
| Net income | — | 31 |
| Less: Noncontrolling interests net income | 5 | 4 |
| Less: Redeemable noncontrolling interests net loss | (8) | (1) |
| Net income attributable to the parent company | $3 | $28 |
| Net income per share available to common stockholders | ||
| Basic | $0.02 | $0.19 |
| Diluted | $0.02 | $0.19 |
| Weighted-average common shares outstanding | ||
| Basic | 144.8 | 143.9 |
| Diluted | 144.8 | 144.3 |
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