Visteon (VC) Tops Q1 EPS by 55c, Revenues Beat

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Visteon Announces First-Quarter 2020 Results

April 30, 2020 6:55 AM EDT

Net sales of $643 millionNet loss of $35 million, including $33 million of restructuring chargesAdjusted EBITDA of $33 millionAwarded $800 million in new businessAvailable cash of $825 million; no near-term debt maturities

VAN BUREN TOWNSHIP, Mich., April 30, 2020 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today announced first-quarter 2020 results, reporting net loss attributable to Visteon of $35 million or $1.25 loss per diluted share, compared with net income of $14 million or $0.49 earnings per diluted share in the... More