---
schema_version: "secwatch.filing_event.v1"
accession: "0001062231-23-000041"
form_type: "8-K"
ticker: "DCH"
cik: "0001062231"
company_name: "Dauch Corp"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T15:43:30.467231+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAM Q1 net loss $5.1M on $1.49B sales; wins Stellantis electric beam axle contract

## Summary
- Q1 sales $1.49B vs $1.44B YoY; net loss $(5.1)M vs net income $1.0M YoY.
- Adjusted EBITDA $175.4M (11.7% of sales), down from $196.1M (13.7%) YoY.
- Diluted EPS $(0.04); adjusted EPS $(0.01); adjusted free cash flow $(17.1)M.
- Selected by Stellantis to supply electric beam axles for future EV program.
- Full-year 2023 guidance unchanged: sales $5.95-$6.25B, Adj. EBITDA $725-$800M.

## SEC filing metadata
- accession: 0001062231-23-000041
- form_type: 8-K
- ticker: DCH
- cik: 0001062231
- company_name: Dauch Corp
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1062231/000106223123000041/0001062231-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062231/000106223123000041/axl-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062231-23-000041
- JSON: https://secwatch.observer/filing/0001062231-23-000041.json
- Plain text: https://secwatch.observer/filing/0001062231-23-000041.txt

## Key facts
- Earnings Releases
  Dauch Corp reported first quarter 2023 results: revenue $1.49 billion, net income $(5.1) million, EPS $(0.04). Guidance reaffirmed.
  - Period: first quarter 2023
  - Revenue: $1.49 billion
  - Net income: $(5.1) million
  - EPS: $(0.04)
  - Guidance: reaffirmed
  - Result: reported results
  source text: 5, 2023 -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter 2023. First Quarter 2023 Results • Sales of $1.49 billion • Net loss of $(5.1) million, or (0.3)% of sales • Adjusted EBITDA of $175.4 million, or 11.7% of sales • Diluted loss per share of $(0.04); Adjusted loss per share of $(0.01) •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062231/000106223123000041/0001062231-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.