secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001193125-23-196799
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dana Q2 sales $2.75B (+6% YoY); net income $30M vs $8M; raises full-year guidance
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- Sales of $2.75B, up $162M or 6% YoY; net income $30M ($0.21 diluted EPS) vs $8M last year.
- Adjusted EBITDA $243M (+50% YoY); margin improved 250 bps; diluted adjusted EPS $0.37 vs $0.08.
- Full-year 2023 guidance raised: sales $10.45-10.95B, adjusted EBITDA $800-900M, adjusted EPS $0.65-1.05.
- Free cash flow $134M in Q2; operating cash flow $256M.
- CEO cites strong execution; company recognized as America's Climate Leader.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000119312523196799/0001193125-23-196799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000119312523196799/d502471d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-196799

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