Lear Q1 earnings: Adjusted net income plunges to $108M as inflation, industry headwinds slam suppliers

Lear Q1 earnings: Adjusted net income plunges to $108M as inflation, industry headwinds slam suppliers

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The supplier posted adjusted net income of $108.1 million, down more than half from last year, on sales of $5.2 billion, a 3 percent year-over-year revenue decrease, according to its earnings report released Tuesday.

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