Magna International beats top-line and bottom-line estimates; updates FY25 outlook

4 days ago 1

Earnings News

Magna International press release (NYSE:MGA): Q2 Non-GAAP EPS of $1.44 beats by $0.29.
Revenue of $10.63B (-3.0% Y/Y) beats by $250M.
Adjusted EBIT increased 1% to $583 million and Adjusted EBIT margin improved 20 basis points to 5.5%.
Returned $324 million

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