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February 25, 2021
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DELPHI EARNINGS
(2007-11-07)
(wgvu) - DELPHI SAYS ITS THIRD QUARTER NET LOSS OF 1.2
BILLION DOLLARS NARROWED FROM A YEAR AGO. FINANCIAL SHEETS SHOW
REVENUE OF 6.2 BILLION DOLLARS.
THE AUTO PARTS SUPPLIER REPORTS SMALLER EXPENSES RELATED TO ITS
REORGANIZATION UNDER BANKRUPTCY PROTECTION.
DELPHI LOST 2 BILLION DOLLARS IN THE THIRD QUARTER OF LAST YEAR.
THE 2006 LOSS INCLUDED 1 BILLION DOLLARS IN CHARGES FOR U.S.
EMPLOYEE WORK FORCE TRANSITION PROGRAMS.
DELPHI FILED FOR BANKRUPTCY IN 2005. THE COMPANY HAS SAID IT
EXPECTS TO EMERGE FROM BANKRUPTCY EARLY NEXT YEAR.

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