Dana Inc Stock Price, News & Analysis

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.

Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on March 25, 2022, to shareholders as of March 4, 2022. The company reported $7.1 billion in sales for 2020 and is recognized for its sustainability efforts, named one of "America's Most Responsible Companies 2022" by Newsweek. Dana specializes in energy management and propulsion solutions across various mobility markets and employs around 38,000 people in 33 countries globally.

Dana Incorporated (NYSE: DAN) will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on Feb. 24, 2022. The event starts at 8:50 a.m. EST, featuring a fireside chat with Timothy Kraus, Senior VP and CFO, lasting approximately 35 minutes. Webcast access details will be available on Dana's investor website prior to the conference. Dana, a leading manufacturer in propulsion and energy-management solutions, reported sales of $7.1 billion in 2020, emphasizing sustainability and social responsibility.

Dana Incorporated (NYSE: DAN) will announce its 2021 fourth-quarter and full-year financial results on February 23, 2022. A press release will be issued at 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. The company's management will discuss results and answer questions. Dana reported sales of $7.1 billion in 2020 and emphasizes sustainability and innovation. The audio portion of the conference can be accessed via streaming or phone, and a recording will be available afterward.

Dana Incorporated (NYSE: DAN) has announced the launch of the Brevini™ S-Series industrial planetary gearboxes designed for biogas production and wastewater treatment facilities. These gearboxes offer maximum output torques up to 290 kNm and are customized for effective heat transfer in digesters. With a proven track record in Europe and Asia-Pacific, they are engineered to withstand harsh environments, featuring corrosion-resistant seals. This initiative supports Dana's commitment to sustainability, contributing to renewable energy advancements, particularly in China, where biogas production is expected to increase significantly over the next decade.