The coronavirus pandemic crushed Ford's Q1 earnings, but the company has enough cash to deal with the crisis
reported $34.3 billion in Q1 revenue and a loss of $2 billion on an un-adjusted basis.
The stock declined 5% on the results, hovering just above $5, in after-hours trading. Year-to-date, shares have declined 42%. Stone also said that Ford expects to lose $5 billion in the second-quarter, as the pandemic severely impacts the company.
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