Adient (ADNT) Tops Q1 EPS by 62c, Offers FY Guidance

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Go back to Adient (ADNT) Tops Q1 EPS by 62c, Offers FY Guidance

Adient reports solid first quarter 2020 financial results

January 31, 2020 6:55 AM EST

PLYMOUTH, Mich., Jan. 31, 2020 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter 2020 financial results.

Impacted by one-time, non-cash charges, Q1 GAAP net loss and EPS diluted of $(167)M and $(1.78) respectively; Q1 Adj.-EPS diluted of $0.96 Q1 Adj.-EBITDA of $297M, up $121M y-o-y; Adj. EBITDA margin of 7.5%, up 330 bps... More