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Tire maker Goodyear's revenue declines on lower tire sales
2016年4月27日 / 中午11点52分 / 2 年前

Tire maker Goodyear's revenue declines on lower tire sales

April 27 (Reuters) - Goodyear Tire & Rubber Co, the largest U.S. tire maker, reported an 8.3 percent fall in quarterly revenue, hurt by lower tire sales in the Americas region, its largest market.

Net income fell to $184 million, or 68 cents per share, in the first quarter ended March 31, from $224 million, or 82 cents per share, a year earlier.

The year-ago results included a non-cash, one-time gain of $155 million, Goodyear said.

Revenue fell to $3.69 billion from $4.02 billion. Revenue in the Americas region declined 13 percent. (Reporting by Arunima Banerjee in Bengaluru; Editing by Savio D‘Souza)

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