Magna reports first-quarter profit down from year ago, takes charge related to Fisker
Magna, which keeps its books in U.S. dollars, says it earned US$9-million or three cents U.S per diluted share for the quarter ended March 31
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Magna, which keeps its books in U.S. dollars, says it earned US$9-million or three cents U.S per diluted share for the quarter ended March 31
Thursday, Fisker reported fourth-quarter sales of about $200 million and included a “going concern” warning in its update to investors.
AutoNation posts fourth-quarter earnings of $5.02 a share on revenue of $6.77 billion.
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