Auto supplier Lear Corp. said Thursday that it reversed a loss from a year ago, helped by the recovery of the global auto industry.
Lear also raised its 2010 outlook for sales and its core operating earnings.
The company, which makes vehicle seating and electronics, reported net income of $66.1 million, or $1.22 per share. The company lost $264.8 million, or $3.42 per share, in the 2009 first quarter.
Lear said revenue rose 36 percent to $2.94 billion from $2.17 billion a year ago.
Analysts polled by Thomson Reuters expected …
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