Visteon (VC) Misses Q4 EPS by 17c, Revenues Beat; Guides FY23

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Visteon Announces 2022 Financial Results and 2023 Outlook

February 16, 2023 6:55 AM EST

VAN BUREN TOWNSHIP, Mich., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2022 financial results that exceed its previous outlook. Highlights include:

$1,064 million Q4 net sales; up 35% from prior yearNet income of $34 million in Q4 or $1.18 per diluted shareAdjusted EBITDA of $103 million, 9.7% of sales in Q445 new products launched for the... More