American Axle & Manufacturing (AXL) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 IMMEDIATE RELEASE AAM Reports Third Quarter 2024 Financial Results AAM Delivers Positive Year-Over-Year Performance DETROIT, November 8, 2024 -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2024. Third Quarter 2024 Results • Sales of $1.50 billion • Net income of$ 10.0 million, or 0.7% of sales • Adjusted EBITDA of $174.4 million, or 11.6% of sales • Diluted earnings per share of$ 0.08; Adjusted earnings per share of ...