secwatch.observer — SEC 8-K summary
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Issuer:     General Motors Co (GM)
CIK:        0001467858
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001467858-23-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM Q1 revenue $40B, net income $2.4B; raises FY EBIT-adjusted guidance to $11-13B
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- Revenue $40.0B (+11% YoY); net income $2.4B (-18.5% YoY); EBIT-adjusted $3.8B (-6% YoY).
- EPS-diluted $1.69; adjusted EPS $2.21; includes $875M voluntary separation charge.
- GMNA EBIT-adjusted $3.576B (+13.8% YoY); China equity income $83M (-64.5% YoY); GM Financial EBT $771M (-40%).
- Raises FY 2023 EBIT-adjusted guidance to $11.0-13.0B (prev $10.5-12.5B); adjusted FCF guidance to $5.5-7.5B (prev $5.0-7.0B).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467858/000146785823000074/0001467858-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467858/000146785823000074/gm-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001467858-23-000074

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