Dana reports record 2023 sales of $10.6B, adjusted EBITDA up 21% to $845M; guides 2024 higher

DANA Inc

2023-FY EPS reported $0.26 revenue$10,555,000,000

Full-year 2023 sales $10.6B (+4% YoY); adjusted EBITDA $845M (+21%); margin improved 110 bps to 8.0%.
Net income $38M vs loss $242M in 2022; diluted EPS $0.26 vs loss $1.69.
Record three-year new business backlog $950M, up $50M from prior backlog.
Q4 2023 sales $2.5B (down from $2.6B YoY due to UAW strike); adjusted EBITDA $156M (down from $176M).
2024 guidance: sales $10.65-11.15B, adj. EBITDA $875-975M, free cash flow $25-75M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.