secwatch.observer — SEC 8-K summary
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Issuer:     Adient plc (ADNT)
CIK:        0001670541
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001670541-24-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adient Q1 adjusted EPS $0.31 vs $0.34 YoY; revenue $3.66B down 1%; adj. EBITDA $216M
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- Net income attributable to Adient $20M ($0.21 diluted EPS) vs $12M ($0.13) YoY; adjusted EPS $0.31 vs $0.34.
- Segment adjusted EBITDA: Americas $80M (+16% YoY), EMEA $45M (+61%), Asia $114M (-17%).
- Closed $100M share repurchase in quarter; net leverage 1.65x; free cash flow -$14M.
- Revenue $3.66B vs $3.70B YoY; gross profit $246M vs $231M.
- Adjusted EBITDA $216M vs $212M; margin 5.9% vs 5.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670541/000167054124000028/0001670541-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670541/000167054124000028/adnt-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001670541-24-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer