Adient (ADNT) Reports Prelim. 1Q19 Revenue Results Above Consensus
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Adient announces preliminary Q1 fiscal 2019 results; initiates discussions to strengthen capital structure
January 16, 2019 7:00 AM ESTPLYMOUTH, Mich., Jan. 16, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today reported certain preliminary financial results for the quarter ended Dec. 31, 2018. Revenue in Q1FY19 is expected to be approximately $4,158M versus $4,204M in the prior-year quarter. Q1FY19 Adjusted EBITDA is expected to be approximately $175M, versus Q1 Adjusted EBITDA of $267M in the prior year.
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