Dana swings to quarterly profit

Newswire

DETROIT, April 24 (Reuters) - Auto parts supplier Dana Corp. on Thursday said it posted a quarterly profit, recovering from a loss a year earlier when the company had a restructuring charge. The Toledo, Ohio-based maker of automotive engine and drivetrain components posted a first-quarter profit of $41 million, or 28 cents a share, compared with a loss of $229 million, or $1.54 per share a year earlier. Excluding one time items, Dana earned $46 million or 31 cents per share. Analysts ...

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