Q2 2020 Earnings Release
(WorldNews China)

News Release Allison Transmission Announces Second Quarter 2020 Results Net Income of $23 million Diluted EPS of $0.20 Adjusted EBITDA of $115 million Net Cash Provided by Operating Activities of $92 million Adjusted Free Cash Flow of $67 million INDIANAPOLIS, August 4, 2020 - Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-dutyfully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today reported net sales for the second quarter of $377 million, a 49 percent decrease from the same period in 2019. The decrease in net sales was principally...