Adient (ADNT) Misses Q4 EPS by 7c

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Adient reports fourth quarter and full-year 2023 financial results; successfully delivers on the company's FY2023 financial commitments

November 8, 2023 6:50 AM EST

PLYMOUTH, Mich., Nov. 8, 2023 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2023 financial results.

Q4 GAAP net income and EPS diluted of $135M and $1.42, respectively; Q4 Adj.-EPS diluted of $0.51Q4 Adj.-EBITDA of $235M, up $8M y-o-yGross debt and net debt totaled ~$2.5B and... More