secwatch.observer — SEC 8-K summary
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Issuer:     VISTEON CORP (VC)
CIK:        0001111335
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001111335-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111335/000111133523000008/0001111335-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111335/000111133523000008/vc-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001111335-23-000008

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