BorgWarner(BWA) - 2024 Q1 - Quarterly Results

Auburn Hills, Michigan, May 2, 2024 – BorgWarner Inc. (NYSE: BWA) today reported first quarter results. • U.S. GAAP net sales of $3,595 million, an increase of 6% compared with first quarter 2023. ◦ Excluding the impact of foreign currencies and the net impact of net M&A, organic sales were up 7% compared with first quarter 2023. • U.S. GAAP net earnings of $0.93 per diluted share. ◦ Excluding $(0.10) of net losses per diluted share related to non-comparable items (detailed in the table below), adjusted net ...