Visteon Q3 2024 sales $980M, adj. EPS $2.26, updates FY2024 guidance

VISTEON CORP

2024-Q3 EPS reported $5.45 revenue$2,927,000,000

Sales $980M, 6% growth-over-market; net income $39M ($1.40 diluted EPS); adj. net income $63M ($2.26 diluted EPS).
Adjusted EBITDA $119M; new business wins YTD $4.9B; launched 30 products in Q3.
Net cash $229M; cash from ops $224M (first 9 mos); capex $96M; adj. free cash flow $135M.
FY2024 guidance: sales $3.85-3.90B, adj. EBITDA $465-480M, adj. free cash flow $165-185M.

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