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General Motors Reports $3 Billion Quarterly Loss
By USinMinutes - Jan 28, 2025, 07:25 AM ET
Last Updated - Jan 28, 2025, 07:26 AM EST
The company records $47.7 billion revenue for Q4 ended Dec 31, 2024
General Motors Co [GM] reported $3 billion loss for Q4 ended Dec 31, 2024, showing an increase of $5.1 billion.
The company revealed in its 8-K filing to the SEC dated Jan 28, 2025 that it generated revenue of $47.7 billion for the period, showing an increase of $4.7 billion from the last quarter.
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Based in Detroit, Michigan, the company reported $1.6 earnings per share for the period, compared to $1.6 in the last quarter.
The revenue increased 11% from $43 billion in the same quarter of the previous year.
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