secwatch.observer — SEC 8-K summary
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Issuer:     Dauch Corp (DCH)
CIK:        0001062231
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001062231-24-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAM Q1 net income $20.5M vs loss year ago; sales $1.61B up 8%
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- Net income of $20.5M ($0.17 diluted EPS) vs net loss of $5.1M ($(0.04)) in Q1 2023.
- Adjusted EPS $0.18 vs adjusted loss per share $(0.01); Adjusted EBITDA $205.6M (12.8% sales) vs $175.4M (11.7%).
- Sales $1.61B, up from $1.49B, driven by volume and mix improvement.
- Full-year 2024 guidance reaffirmed: sales $6.05-$6.35B, Adj. EBITDA $685-$750M, Adj. FCF $200-$240M.
- Net cash from ops $17.8M; Adj. free cash flow use of $(21.4)M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1062231/000106223124000052/0001062231-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1062231/000106223124000052/axl-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001062231-24-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer