secwatch.observer — SEC 8-K summary
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Issuer:     General Motors Co (GM)
CIK:        0001467858
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001467858-23-000095
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM Q2 revenue $44.7B, net income $2.6B; raises FY 2023 guidance
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- Q2 2023 revenue $44.7B (+25% YoY); net income $2.6B (+52% YoY); diluted EPS $1.83.
- EBIT-adjusted $3.2B (+38% YoY); EPS-diluted-adjusted $1.91 (+68% YoY).
- Raised FY 2023 EBIT-adjusted guidance to $12B-$14B (prev. $11B-$13B).
- GMNA EBIT-adjusted $3.2B, margin 8.6%; Cruise EBIT loss $611M; GM Financial EBT $766M.
- Recorded $792M charge for Bolt EV/Bolt EUV recall customer remedy agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467858/000146785823000095/0001467858-23-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467858/000146785823000095/gm-20230725.htm
  HTML page:      https://secwatch.observer/filing/0001467858-23-000095

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