Third Quarter 2025 Financial Highlights Net sales totaled $902 million, up 9% on a reported basis and 6% on a constant currency* basis vs prior yearNet income totaled $77 million; Net income margin of 8.5%Adjusted EBIT* totaled $133 million; Adjusted EBIT margin* of 14.7%Net cash provided by operating activities totaled $100 millionAdjusted free cash flow* totaled $107 millionRaised 2025 midpoint outlook reflecting strong performance and improved second half automotive industry outlook Third Quarter 2025 Bu ...

Core Viewpoint - The company, Garrett Motion, reported a mixed second quarter but achieved a significant earnings beat, leading to a positive stock reaction from investors [1]. Financial Performance - Net sales increased by almost 3% year over year to $913 million, while GAAP net income rose by nearly 36% to $87 million [2]. - On a non-GAAP basis, the per-share earnings grew by 48% to $0.43, surpassing the consensus analyst estimate of $0.42 [4]. Strategic Developments - The CEO highlighted the company's leadership in turbocharging, securing over $1 billion in light vehicle program extensions, and advancing zero-emission technologies [5]. - Garrett raised its guidance for 2025, projecting net sales between $3.4 billion and $3.6 billion, and GAAP net income between $233 million and $278 million [5].