secwatch.observer — SEC 8-K summary
======================================

Issuer:     PHINIA INC. (PHIN)
CIK:        0001968915
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001968915-25-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PHINIA Q1 sales down 7.8% to $796M; adjusted EBITDA margin 12.9% down 260 bps
-----------------------------------------------------------------------------

- Net earnings $26M ($0.63 diluted EPS); adjusted EPS $0.94, reflecting lower sales and tariff impacts.
- Returned $111M to shareholders via $100M share repurchases and $11M dividends in Q1.
- Full-year 2025 guidance reaffirmed: net sales $3.23-$3.43B, adjusted EBITDA $450-$490M, adj. FCF $160-$200M.
- Highlights new business wins including 350bar GDi system for E100 in Brazil, FDM wins in Americas, SCR pump in China.
- Net cash from operations $40M, up $9M YoY; adjusted free cash flow -$3M vs $13M in Q1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1968915/000196891525000028/0001968915-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1968915/000196891525000028/phin-20250425.htm
  HTML page:      https://secwatch.observer/filing/0001968915-25-000028

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