American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Q3 2023 Earnings Call Transcript

American Axle & Manufacturing Holdings, Inc. reported a miss on earnings expectations for Q3 2023, with reported EPS at $-0.11 compared to expected $-0.04. The company cited supply chain challenges, labor availability issues, and the UAW work stoppage as factors negatively impacting sales and profitability. Despite these challenges, American Axle & Manufacturing highlighted their success in winning electrification and ICE programs. Sales for the quarter were $1.55 billion, with adjusted EBITDA at $157 million or 10.1% of sales.

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