Financial Performance - Third quarter revenue reached $5.1 billion, a 7% increase[4] - Year-to-date revenue is $15.1 billion, up 16%[4] - Third quarter EBITDA was $727 million with a margin of 14.2%[4] - Third quarter operating income was $560 million, representing a margin of 11.0%[4] - Year-to-date operating income reached $1.527 billion, with a margin of 10.1%[4] - Earnings per share for the third quarter were $1.30, an increase of $0.02[4] - Year-to-date earnings per share were $3.46, up $1.32[4] - Operating cash flow for the third quarter was $746 million due to improved working capital[4] Bookings and Business Segments - New business bookings for the third quarter totaled $6.6 billion, driven by active safety and high voltage electrification[4] - Advanced Safety & User Experience (AS&UX) revenue grew by 13% in the third quarter, exceeding market growth by 8%[17] - AS&UX bookings totaled $2.2 billion, including $1.2 billion in active safety, $0.7 billion in user experience, and $0.2 billion in smart vehicle compute & software[17] - Signal & Power Solutions (S&PS) revenue grew by 5% in the third quarter, in line with market growth[20] - S&PS bookings totaled $4.4 billion, including $1.1 billion in high voltage bookings[20] Impact Factors and Outlook - The UAW strike impacted revenue by approximately $180 million and operating income by approximately $80 million through October[11, 51] - The company is maintaining its full-year revenue guidance of $19.95 billion to $20.25 billion, representing an adjusted growth of approximately 12% and growth over market of approximately 5%[51]
Aptiv(APTV) - 2023 Q3 - Earnings Call Presentation