Magna Announces Third Quarter 2024 Results

Sales of $10.3 billion decreased in-line with the 4$1.68, up $0.31, largely reflecting recognition of Fisker deferred revenueAdjusted diluted earnings per share were$1.28, down $0.18, including$0.10 due to a higher income tax rateNormal Course Issuer Bid to purchase up to 10% of our public float of Common Shares, with purchases expected to commence in the fourth quarter of 2024 AURORA, Ontario, Nov. 01, 2024 (GLOBE NEWSWIRE) -- ...