Adient reports Q1 FY2024 preliminary revenue ~$3.7B, Adj. EBITDA ~$215M, up from $212M YoY

Adient plc

2024-Q1 EPS reported $0.21 revenue$3,660,000,000

Revenue ~$3.7B in Q1FY24, flat vs Q1FY23.
Adjusted EBITDA ~$215M, up from $212M in prior-year quarter.
UAW strike caused production stoppages at certain Americas customers; still expects improved FY24 earnings and margin vs FY23.
Additional Q1FY24 details and FY24 outlook to be provided on Feb 7 earnings call.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Adient plc reported Q1FY24 results: revenue approximately $3.7B.

Period: Q1FY24
Revenue: approximately $3.7B
Result: preliminary results

Exact text from the filing

Revenue in Q1FY24 is expected to be approximately $3.7B, or about flat vs. Q1FY23. Q1FY24 Adjusted EBITDA is expected to be approximately $215M, versus $212M in the prior-year quarter

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Source: SEC EDGAR

accession 0001670541-24-000015

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