Visteon beats Q4 outlook with net sales up 35% YoY; guides 2023 sales $3.95-$4.15B

VISTEON CORP

2022-FY EPS reported $4.35 revenue$3,756,000,000

Q4 net sales $1,064M (+35% YoY); net income $34M ($1.18 EPS); adjusted EBITDA $103M (9.7% of sales).
Full-year 2022 net sales $3,756M (+35%); net income $124M; adjusted EBITDA $348M (9.3% of sales); net cash $174M.
Won $6B in new business and launched 45 new products in 2022.
FY 2023 guidance: sales $3.95-$4.15B, adjusted EBITDA $405-$445M, adjusted FCF $115-$165M.
Exec comp increases: CEO base $1.115M, LTI $8M; CFO base $573K, LTI $1.52M, effective Apr 1, 2023.

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Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VISTEON CORP reported financial results for the fourth quarter and full-year of 2022.

Period: the fourth quarter and full-year of 2022
Result: reported results

Exact text from the filing

On February 16, 2023, the registrant issued a press release regarding its financial results for the fourth quarter and full-year of 2022.

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VISTEON CORP filing history →

Source: SEC EDGAR

accession 0001111335-23-000008

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