Welcome to our dedicated page for Dana news (Ticker: DAN), a resource for investors and traders seeking the latest updates and insights on Dana stock.
Dana Inc (DAN) delivers cutting-edge propulsion systems and energy-management solutions for global mobility markets. This page provides centralized access to official company announcements, including product innovations, financial updates, and strategic partnerships.
Investors and industry professionals will find timely updates on electrified drivetrains, OEM collaborations, and operational milestones across Dana’s core segments: light vehicles, commercial fleets, and off-highway equipment. Content includes earnings reports, technology breakthroughs, and sustainability initiatives.
All updates are sourced directly from Dana’s communications to ensure accuracy. Bookmark this page for streamlined access to developments impacting vehicle efficiency, thermal management advancements, and Dana’s position in evolving mobility markets.
Dana Incorporated reported first-quarter 2022 sales of $2.48 billion, a $217 million increase from the previous year, driven by robust demand in heavy-vehicle markets. However, net income was $17 million, down from $97 million a year ago, resulting in a diluted EPS of $0.12. Adjusted EBITDA fell to $170 million, compared to $234 million in 2021. The company anticipates ongoing cost pressures from inflation and supply chain disruptions, revising 2022 targets to a sales range of $9.85 to $10.35 billion and adjusted EBITDA of $770 to $870 million.
Dana Incorporated (NYSE: DAN) declared a quarterly dividend of $0.10 per share, set for payment on May 27, 2022. Shareholders as of May 6, 2022 will be eligible. In 2021, Dana reported sales of $8.9 billion and employs around 40,000 people globally. The company, recognized as one of "America's Most Responsible Companies 2022" by Newsweek, focuses on sustainability and innovation in propulsion and energy-management solutions. Founded in 1904, Dana continues to impact the mobility market significantly.
Dana Incorporated (NYSE: DAN) is set to release its first-quarter financial results for 2022 on April 27, 2022. A press release will be available at 7 a.m. EDT, followed by a conference call at 9 a.m. EDT. Senior management will discuss the financial outcomes and take questions from participants. The financial results are anticipated to reflect Dana's ongoing performance, which reported $8.9 billion in sales in 2021. For those unable to attend, a webcast replay and audio recording will be accessible later on Dana's investor website.
Dana Incorporated (NYSE: DAN) has achieved Leadership in Energy and Environmental Design (LEED) certification for its Sustainable Mobility Center in Maumee, Ohio. This center functions as an engineering hub for e-Propulsion technologies, focusing on electric motors and electric vehicle systems. Doug Liedberg, the Chief Sustainability Officer, emphasized Dana's commitment to reducing greenhouse gas emissions by over 50% by 2030. The LEED certification confirms the use of sustainable practices in design and operations, contributing to Dana's strategic shift towards clean energy technologies.
Dana Incorporated (NYSE: DAN) reported a strong financial performance for 2021, with sales reaching $8.9 billion, up $1.8 billion from 2020. The net income attributable to Dana improved to $197 million, translating to diluted EPS of $1.35. Adjusted EBITDA was $795 million, marking an 8.9 percent margin. For Q4 2021, sales totaled $2.27 billion, but net income decreased to $25 million due to rising input costs. Looking ahead, Dana anticipates a sales range of $9.6 to $10.1 billion for 2022, with expected adjusted EBITDA of $900 million to $1 billion.
Dana Incorporated (NYSE: DAN), based in Maumee, Ohio, has announced that its advanced driveline technologies will be featured on the 2022 Ford Maverick and Ford Bronco, recognized as the North American Truck and SUV of the Year. The Spicer AdvanTEK Ultra axle with SmartConnect technology enhances the Maverick's all-wheel-drive system, while the Bronco features Dana 35 and 44 AdvanTEK axles for robust off-road capability. Dana's contributions continue a legacy of innovation, with the company reporting $7.1 billion in sales for 2020 and a commitment to sustainable solutions.
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