---
schema_version: "secwatch.filing_event.v1"
accession: "0001968915-23-000033"
form_type: "8-K"
ticker: "PHIN"
cik: "0001968915"
company_name: "PHINIA INC."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:33:28.163337+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PHINIA Q3 net sales $896M, adj. EPS $0.53; FY guidance revised lower

## Summary
- Q3 net sales $896M (+4.3% YoY); adj. operating margin 9.4%, down 400 bps YoY.
- GAAP net earnings $0.24 per diluted share; adjusted net earnings $0.53 per diluted share.
- Free cash flow $118M; cash on hand $367M at quarter end.
- Board authorized $0.25 quarterly dividend and $150M share repurchase; $9M bought in Q3.
- FY23 guidance: net sales $3.44-$3.50B, adj. EBITDA $465-$475M (13.6%-13.9% margin).

## SEC filing metadata
- accession: 0001968915-23-000033
- form_type: 8-K
- ticker: PHIN
- cik: 0001968915
- company_name: PHINIA INC.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1968915/000196891523000033/0001968915-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968915/000196891523000033/phin-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001968915-23-000033
- JSON: https://secwatch.observer/filing/0001968915-23-000033.json
- Plain text: https://secwatch.observer/filing/0001968915-23-000033.txt

## Key facts
- Earnings Releases
  PHINIA INC. reported the quarter ended September 30, 2023 results: revenue $896 million, net income $11 million, EPS $0.24 per diluted share. Guidance lowered.
  - Period: the quarter ended September 30, 2023
  - Revenue: $896 million
  - Net income: $11 million
  - EPS: $0.24 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: aftermarket products, today reported its third quarter ended September 30, 2023 results and updated full year 2023 guidance. Third Quarter Highlights: • U.S. GAAP net sales of $896 million, an increase of 4.3% compared with Q3 2022. ◦ Excluding $26 million of contract manufacturing sales, sales were up slightly compared to Q3 2022. Including currency and pricing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1968915/000196891523000033/0001968915-23-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.