Ford posts quarterly profit vs year ago loss

Newswire

DETROIT, April 24 (Reuters) - Ford Motor Co posted a quarterly profit on Thursday led by strong results in Europe and South America and a narrowing loss in North America. Ford reported net income of $100 million, or 5 cents per share, compared with a net loss of $282 million, or a 15 cents per share loss, a year earlier. Ford reported a revenue decline of 8 percent to $39.4 billion, excluding special items. Ford reported a profit from continuing operations of $525 million, or 20 cents ...

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