secwatch.observer — SEC 8-K summary
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Issuer:     Dauch Corp (DCH)
CIK:        0001062231
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001062231-24-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAM Q4 2023 net loss $19.1M; full-year net loss $33.6M; 2024 sales guidance $6.05-$6.35B
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- Q4 2023 sales $1.46B, up from $1.39B YoY; net loss $(19.1)M vs net income $13.9M in Q4 2022.
- Full-year 2023 sales $6.08B, up from $5.80B; net loss $(33.6)M vs net income $64.3M in 2022.
- Adjusted EBITDA Q4 $169.5M (11.6% of sales) vs $157.7M (11.3%) YoY; full-year $693.3M (11.4%) vs $747.3M (12.9%).
- 2024 guidance: sales $6.05-$6.35B, Adj. EBITDA $685-$750M, Adj. free cash flow $200-$240M.
- New business backlog 2024-2026 ~$600M annual sales; electrification mix ~50% vs 40% prior backlog.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1062231/000106223124000005/0001062231-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1062231/000106223124000005/axl-20240216.htm
  HTML page:      https://secwatch.observer/filing/0001062231-24-000005

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