GM reported revenue of $43.0 billion for the Q1 2024 (3-month) period, net income attributable to stockholders of $3.0 billion, and EBIT-adjusted of $3.9 billion. The company said revenue rose 7.6% from a year earlier, and net income increased 24.4%.

1. 01

   GM reported revenue of $43.0 billion for the Q1 2024 (3-month) period, net income attributable to stockholders of $3.0 billion, and EBIT-adjusted of $3.9 billion. The company said revenue rose 7.6% from a year earlier, and net income increased 24.4%.

2. 02

   GM said it now expects full-year 2024 EBIT-adjusted of $12.5 billion to $14.5 billion (previously $12.0 billion to $14.0 billion) and net income attributable to stockholders of $10.1 billion to $11.5 billion (previously $9.8 billion to $11.2 billion).

3. 03

   The company said Net automotive cash provided by operating activities was $3,598 million for Q1 2024 ($2,232 million a year earlier), and Adjusted automotive free cash flow was $1,090 million ($(132) million a year earlier).

4. 04

   The company said GMNA EBIT-adjusted was $3,840 million for Q1 2024 ($3,576 million a year earlier), and GMI EBIT (loss)-adjusted was $(10) million ($347 million a year earlier).

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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