Economy

Yowza: GM Earns $1.3 Billion During 2nd Quarter

So how's that federally supported company doing?

General Motors Company today announced its second quarter 2010 results, marked by revenue of $33.2 billion and net income attributable to common stockholders of $1.3 billion, resulting in earnings per share on a diluted basis of $2.55.  GM’s second quarter earnings before interest and tax (EBIT) was $2.0 billion.

General Motors CFO Chris Liddell says he's pleased, just as he was with GM's first quarter results.

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