Adient (ADNT) Misses Q2 EPS by 12c, Revenues Beat; Reaffirms FY Outlook

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Go back to Adient (ADNT) Misses Q2 EPS by 12c, Revenues Beat; Reaffirms FY Outlook

Adient reports second quarter 2023 financial results; reaffirms FY2023 outlook

May 3, 2023 6:51 AM EDT

PLYMOUTH, Mich., May 3, 2023 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2023 financial results.

Q2 GAAP net income and EPS diluted of $(15)M and $(0.16), respectively; Q2 Adj.-EPS diluted of $0.32Q2 Adj.-EBITDA of $215M, up $56M y-o-yGross debt and net debt totaled $2.5B and... More