Thursday - November 21, 2024
BorgWarner Reports 3Q 2024 Results, Increases Full-Year Adjusted Operating Margin and EPS Guidance, Completes $400 Million Share Repurchase Plan
November 01, 2024
AUBURN HILLS, Michigan, Nov. 1 -- BorgWarner Inc. issued the following news release on Oct. 31, 2024:

BorgWarner Inc. (NYSE: BWA) today reported third quarter results.

Third Quarter and 2024 Guidance Update

- BorgWarner achieved an adjusted operating margin of 10.1% during the third quarter, which equated to a U.S. GAAP operating margin of 7.8%. The Company also generated net cash provided by operating activities of $356 million or $201 million in free cash . . .

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