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