Visteon (VC) Tops Q2 EPS by 9c
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Visteon Announces Second-Quarter 2016 Results
July 28, 2016 6:55 AM EDTVAN BUREN TOWNSHIP, Mich., July 28, 2016 /PRNewswire/ --
Solid financial performance Sales of $773 million Net income of $26 million Adjusted EBITDA of $77 million Electronics performance Electronics sales of $762 million Adjusted EBITDA of $79 million Adjusted free cash flow of $87 million Electronics backlog of $15.9 billion Secured $2.8 billion of new business awards (lifetime revenue) in first half of 2016 Second-quarter awards totaling $1.6 billion represent all-time quarterly record for Visteon's Electronics business Completed acquisition of AllGo Embedded Systems Pvt. Ltd., gaining vertical... More