American Axle & Manufacturing Holdings Inc. Reports Q4 2023 Loss but Sees Sales Uplift
American Axle & Manufacturing Holdings Inc. (AAM), a prominent automotive supplier in the industry, recently announced a loss of $0.09 per share in adjusted earnings for the fourth quarter of 2023. Despite the challenges faced by the automotive sector, AAM witnessed an impressive boost in sales, reaching $1.5 billion for the quarter, contributing to a total of $6.1 billion for the entire year.
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