secwatch.observer — SEC 8-K summary
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Issuer:     VISTEON CORP (VC)
CIK:        0001111335
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001111335-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Visteon Q2 sales up 42% to $848M; net income $24M, adj. EBITDA $79M
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- Net sales $848M, up 42% YoY ex-FX, driven by new launches and semiconductor cost pass-through.
- Net income $24M ($0.85 diluted EPS); adjusted EBITDA $79M (9.3% of sales), up $49M YoY.
- First-half new business wins $3.1B, over 50% on EV platforms; 27 new products launched.
- Cash $325M, debt $349M; refinanced credit agreement extended maturity to 2027.
- FY 2022 guidance reaffirmed: sales $3.15-3.35B, adj. EBITDA $295-335M, adj. FCF $85-115M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111335/000111133522000041/0001111335-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111335/000111133522000041/vc-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001111335-22-000041

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