Visteon (VC) Tops Q2 EPS by 3c

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Go back to Visteon (VC) Tops Q2 EPS by 3c

Visteon Announces Second-Quarter 2015 Results

August 5, 2015 7:00 AM EDT

VAN BUREN TOWNSHIP, Mich., Aug. 5, 2015 /PRNewswire/ -- 

Solid financial performance Sales of $812 million Adjusted EBITDA of $60 million; net income of $2.2 billion Cash from operations of $31 million Secured $660 million of annualized new business awards in first half of 2015 Completed sale of ownership interest in Halla Visteon Climate Control Company begins $500 million accelerated share repurchase program as part of plan to return $2.5 billion-$2.75 billion of cash to shareholders by June 2016 Reduced term loan by... More