Adient Q2 net loss $81M; revenue down 8% YoY; adjusted EBITDA down 48%

Adient plc

2022-Q2 EPS reported -$1.43 revenue$6,986,000,000

GAAP net loss $81M ($0.85 loss per share) vs income of $69M ($0.72 EPS) a year ago.
Revenue $3.506B, down from $3.819B; adjusted EBITDA $159M vs $303M in prior-year period.
Americas adj. EBITDA $46M (2.9% margin), EMEA $30M (2.5%), Asia $105M (14.5%).
Net debt $1.818B vs $2.175B at September 30; free cash flow -$28M vs -$146M.
Adjusted net loss attributable $12M; adjusted diluted EPS -$0.13 vs $1.15 prior year.

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