Categories AlphaGraphs, Earnings, Industrials

Ford (F) Earnings: Key numbers from Q2 2020 results

The company ended Q2 with more than $39 billion in cash

Ford Motor Company (NYSE: F) today announced its second quarter financial results for the period ended June 30, 2020.

Net income for the second quarter was $1.1 billion, or $0.28 per share, compared to net income of $148 million, or $0.04 per share in the second quarter of 2019.

Revenues decreased 50% to $19.4 billion.

“I could not be prouder of the Ford team’s optimism and effectiveness as we manage through this pandemic. We delivered a strong Q2 while keeping each other safe, caring for customers and neighbors, and assuring tomorrow.”

Jim Hackett, President and CEO
Ford Records Better-Than-Anticipated Q2 Operating Results
As Company Manages for Both Coronavirus and Long Term
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