- Dana press release ( NYSE: DAN ): Q2 Non-GAAP EPS of $0.08 misses by $0.17 .
- Revenue of $2.59B (+17.2% Y/Y) beats by $140M .
- Adjusted EBITDA for the second quarter of 2022 was $162M, compared with $233M for the same period in 2021.
- Operating cash flow in the second quarter of 2022 was $257M, compared with $67M in the same period of 2021.
- Free cash flow was $167M, compared with a use of $13M in the second quarter of 2021.
-
2022 Financial Targets : Sales of $10 to $10.2 billion vs. consensus of $10.04B; Adjusted EBITDA of $700 to $740 million, an implied adjusted EBITDA margin of approximately 7.1 percent at the midpoint of the range; Diluted adjusted EPS of $0.60 to $0.90 vs. consensus of $1.24; Operating cash flow of approximately 6.2 to 6.5 percent of sales; and Free cash flow of approximately 1.8 to 2.2 percent of sales.
For further details see:
Dana reports Q2 mixed earnings; raises FY22 guidance