USA: Delphi cuts net Q1 loss from $429 million to $51 million in 2002
Delphi Corporation has reported pro forma first quarter 2002 earnings of $US123 million, up from a pro forma loss of $20 million in Q1 2001. But the pro forma results exclude the impact of a net charge to earnings of $174 million after-tax for restructuring and portfolio actions.
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