UPDATE: General Motors Posts Upbeat Q1 Earnings
General Motors Co (NYSE: GM) reported better-than-expected first-quarter earnings.
GM's quarterly profit slipped to $100 million, or $0.06 per share, versus a year-ago profit of $900 million, or $0.58 per share.
Its revenue climbed to $37.4 billion versus $36.9 billion. However, analysts were estimating earnings of $0.03 per share on revenue of $37.44 billion.
GM shares gained 1.77% to $35.00 in pre-market trading.
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