Manufacturing Industry
GENERAL MOTORS CORP - 3rd Quarter Results.
PR Newswire UK Disclose, October, 2006
GM Reports Preliminary Third-Quarter Financial Results
- Reported net loss of $115 million, or $0.20 per share
- Adjusted net income of $529 million, or $0.93 per share diluted
- Record third-quarter revenue of $48.8 billion
- Upper end of estimated Delphi exposure reduced by $4.5 billion
DETROIT, Oct. 25 -- General Motors Corp. (NYSE: GM) today reported
significantly improved preliminary financial results for the third quarter of
2006. The company posted a profit on an adjusted basis, excluding special
items, and generated its third consecutive quarter of record revenue.
GM reported a net loss of $115 million, or $0.20 per share, for the third
quarter of 2006, compared with a loss of $1.7 billion, or $2.94 per share,
for the...
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