---
schema_version: "secwatch.filing_event.v1"
accession: "0001968915-24-000012"
form_type: "8-K"
ticker: "PHIN"
cik: "0001968915"
company_name: "PHINIA INC."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:21:18.384385+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PHINIA Q1 sales up 3.4% to $863M; adjusted EPS $1.08, reaffirms FY2024 outlook

## Summary
- Net sales $863M (+3.4% YoY); adjusted net earnings $1.08 per diluted share vs GAAP $0.62.
- Adjusted EBITDA $131M (15.5% margin); adjusted operating income $97M (11.5% margin).
- Reaffirmed FY2024: sales $3.42-3.58B, adjusted EBITDA $470-510M, free cash flow $160-200M.
- Issued $525M senior secured notes; repaid Term Loan B and revolver balance in early April.
- Returned $35M to shareholders: $12M dividends and $23M share repurchases in Q1.

## SEC filing metadata
- accession: 0001968915-24-000012
- form_type: 8-K
- ticker: PHIN
- cik: 0001968915
- company_name: PHINIA INC.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1968915/000196891524000012/0001968915-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968915/000196891524000012/phin-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001968915-24-000012
- JSON: https://secwatch.observer/filing/0001968915-24-000012.json
- Plain text: https://secwatch.observer/filing/0001968915-24-000012.txt

## Key facts
- Earnings Releases
  PHINIA INC. reported the first quarter ended March 31, 2024 results: revenue $863 million, net income $29 million, EPS $0.62 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $863 million
  - Net income: $29 million
  - EPS: $0.62 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: • U.S. GAAP net sales of $863 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1968915/000196891524000012/0001968915-24-000012-index.htm

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