Adient reports Q3 financial results; provides update to FY24 outlook

PLYMOUTH, Mich., Aug. 6, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2024 financial results.Q3 GAAP net loss and EPS diluted of $(11)M and $(0.12), respectively; Q3 Adj.-EPS diluted of $0.32Q3 Adj.-EBITDA of $202M — quarterly results impacted by lower customer productionGross debt and net debt totaled ~$2.5B and ~$1.6B, respectively, at June 30, 2024; cash and cash equivalents of $890M at June 30, 2024Generated free cash flow (operating ...