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Aptiv Q3 earnings: Net income triples, revenue surges 26%

November 3, 2022
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Automotive technology supplier Aptiv Plc on Thursday said its net income more than tripled during the third quarter, aided by higher vehicle production as automakers rushed to meet strong demand.

Net income rose to $286 million in the quarter through September from $86 million a year earlier. Revenue improved 26 percent to $4.6 billion.

Shares in Aptiv were unchanged in premarket trading.

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