Visteon (VC) Tops Q4 EPS by 49c

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Visteon Reports Strong 2016 Financial Results, Driven by Record Performance

February 23, 2017 6:55 AM EST

VAN BUREN TOWNSHIP, Mich., Feb. 23, 2017 /PRNewswire/ --

Solid 2016 financial performance total Visteon Sales of $3,161 million ($816 million in fourth quarter) Net income of $75 million, including $49 million of restructuring expense, $24 million of other net expense and $40 million loss from discontinued operations ($2 million net income in fourth quarter) Net cash generated from operating activities of $120 million ($82 million in fourth quarter) Total cash and equivalents of $882 million; total debt of $382 million Record 2016 performance for Electronics Product Group... More