VAN BUREN TOWNSHIP, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported third quarter financial results. Highlights include: Sales of $980 million with Growth-over-Market of 6%1Net income of $39 million and adjusted net income of $63 millionAdjusted EBITDA of $119 millionLaunched 30 new products in the quarter and 71 year-to-dateNew business wins of $4.9 billion year-to-dateNet cash of $229 million at quarter end Visteon reported solid net sales of $980 million in a chal ...

VAN BUREN TOWNSHIP, Mich., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its third quarter 2024 financial results before the market opens on Thursday, Oct. 24. The company will host a conference call for the investment community at 9 a.m. ET to discuss the results and related matters. The conference call is also available to the public via a live audio webcast. The dial-in numbers to participate in the call are: U. ...

Visteon Corporation (NASDAQ:VC) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Ryan Wentling - Vice President of Investor Relations & Treasurer Sachin Lawande - President & Chief Executive Officer Jerome Rouquet - Senior Vice President & Chief Financial Officer Conference Call Participants Luke Junk - Baird Mark Delaney - Goldman Sachs Ron Jewsikow - Guggenheim John Babcock - Bank of America Dan Levy - Barclays Shreyas Patil - Wolfe Research Ryan Wentling Good morning. I'm R ...

Visteon Q2 2024 Earnings July 25, 2024 Q2 2024 in Review Net Sales $1,014 Million 9% Growth-over-Market(1) 13.4% Margin $181 Million Net Cash $136 Million $28 Million Adjusted EBITDA Adjusted FCF Delivered high single-digit growth-over-market DELIVERING ON GROWTH Record base sales performance(2) 270 bp y/y improvement in adj. EBITDA margin(3) EXPANDING OUR PROFITABILITY WINNING SIGNIFICANT NEW BUSINESS $1.7 billion of new business wins EXECUTING ON PRODUCT LAUNCHES 15 new product launches DIVERSIFYING CUSTO ...

This quarterly report represents an earnings surprise of 29.59%. A quarter ago, it was expected that this auto parts supplier would post earnings of $1.75 per share when it actually produced earnings of $1.61, delivering a surprise of -8%. Visteon, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $1.01 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.53%. This compares to year-ago revenues of $983 million. The company has not been able ...

For the quarterly period ended June 30, 2024 | --- | --- | --- | --- | |------------------------|-------------------------------------------------------------------------------------------------------|---------------------|--------------------------------------| | | | | | | | | | | | | | | | | | For the transition period from ____________ to ____________ | | | | | Commission file number 001-15827 VISTEON CORPORATION (Exact name of registrant as specified | in its charter) | | | | | | | | | State of Delaware ...

The company won $3.1 billion of new business in the first half of the year, including nearly $1.8 billion of display wins. Visteon continues to successfully diversify its customer base, with over $1.8 billion of wins with Rest of Asia OEMs in the first half. Second quarter wins included several significant display wins, including a large, curved OLED display for a luxury vehicle platform for a Japanese OEM and a dual display for a SUV for another Japanese OEM. Visteon also won an audio infotainment and dual ...

Visteon Corporation (NASDAQ:VC) is a June 2000 spin-off from Ford (F). This U.S. automaker remains its largest customer, accounting for 22% of 2023 sales. However, the company now serves the whole auto/truck industry, mostly manufacturing the display video/panels on your dashboard and various instruments/devices/inventions for measuring and controlling onboard electronics. It is now becoming an important supplier of displays and electronics for accelerating growth at a host of electric vehicle OEMs, with ne ...

Visteon Corporation (NASDAQ:VC) Q1 2024 Earnings Call Transcript April 25, 2024 9:00 AM ET Company Participants Ryan Wentling - VP, IR & Treasurer Sachin Lawande - President & CEO Jerome Rouquet - SVP & CFO Conference Call Participants Dan Levy - Barclays Joe Spak - UBS Luke Junk - Baird James Picariello - BNP Itay Michaeli - Citi Research Shreyas Patil - Wolfe Research Mark Delaney - Goldman Sachs Ryan Wentling Good morning. I'm Ryan Wentling, Vice President of Investor Relations and Treasurer. Welcome to ...

(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 ________________ FORM 10-Q Commission file number 001-15827 VISTEON CORPORATION (Exact name of registrant as specified in its charter) | Sta ...