AURORA, ONT. - Magna International Inc. reported a profit attributable to the company of US$469 million in its latest quarter, up from a profit of US$379 million a year earlier.
AURORA, ONT. - Magna International Inc. reported a profit attributable to the company of US$469 million in its latest quarter, up from a profit of US$379 million a year earlier.
The Ontario-based automotive supplier, which keeps its books in U.S. dollars, says the profit amounted to $1.72 per diluted share for the quarter ended June 30 compared with a profit of $1.35 per diluted share a year ago.
Magna International (MGA) tops Q2 estimates with $1.86 EPS and $10.98B in revenue. See full Q2 earnings details.
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