secwatch.observer — SEC 8-K summary
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Issuer:     Garrett Motion Inc. (GTX)
CIK:        0001735707
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001735707-22-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Garrett Motion Q3 net sales up 13% to $945M; net income $105M
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- Net sales $945M (+13% GAAP, +25% constant currency); net income $105M (11.1% margin) vs $63M (7.5%).
- Adjusted EBITDA $146M (15.4% margin) vs $134M (16.0% margin); adjusted free cash flow $120M.
- Revised full year 2022 outlook citing stable Q4 demand; expects to flex variable cost structure for recession risk.
- Paid first cash dividend on Series A preferred stock; continued progress on capital structure normalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1735707/000173570722000063/0001735707-22-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1735707/000173570722000063/gtx-20221026.htm
  HTML page:      https://secwatch.observer/filing/0001735707-22-000063

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