secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001193125-23-124130
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dana Q1 2023 record sales $2.64B; net income $28M; adj. EBITDA up 20% to $204M; guidance reaffirmed
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- Sales $2.64B (+7% YoY); net income $28M (up from $17M); diluted EPS $0.19.
- Adjusted EBITDA $204M (+20% YoY); margin improved 80 bps.
- Diluted adjusted EPS $0.25 vs $0.16 YoY; adjusted net income $36M.
- FY 2023 guidance unchanged: sales $10.35-10.85B, Adj. EBITDA $750-850M, free cash flow $0-50M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000119312523124130/0001193125-23-124130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000119312523124130/d473198d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-124130

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