Adient (ADNT) Tops Q3 EPS by 53c

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Adient reports third quarter 2023 financial results and raises full-year guidance

August 2, 2023 6:50 AM EDT

PLYMOUTH, Mich., Aug. 2, 2023 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2023 financial results.

Q3 GAAP net income and EPS diluted of $73M and $0.77, respectively; Q3 Adj.-EPS diluted of $0.98Q3 Adj.-EBITDA of $276M, up $133M y-o-yGross debt and net debt totaled... More