Visteon Corp - VC STOCK NEWS

Visteon (NASDAQ: VC) reported Q1 2025 financial results with sales of $934 million, showing a 10% Growth-over-Market performance. The company achieved net income of $65 million ($2.36 per diluted share) and Adjusted EBITDA of $129 million.

The quarter highlighted strong operational execution with $70 million in operating cash flow and $38 million in adjusted free cash flow. Visteon maintained a healthy balance sheet with $343 million in net cash position ($658 million cash, $315 million debt).

The company secured $1.9 billion in new business wins, including nearly $1 billion from Asian OEMs (excluding China) and multiple two-wheeler market contracts. Visteon successfully launched 16 new products in Q1, focusing on digital cockpit products and flexible BMS technology for hybrid and EV models.

However, due to uncertain automotive industry outlook and evolving tariff dynamics, Visteon is not reaffirming its full-year 2025 guidance.

Visteon (Nasdaq: VC), a global leader in automotive cockpit electronics, has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, before market opening. The company will host a conference call at 9 a.m. ET for the investment community.

Participants can join via toll-free numbers: 1-888-330-2508 (U.S./Canada) or 1-240-789-2735 (International) using Conference ID: 8897485. The event will include a live audio webcast, with presentation materials available in the Investors section of Visteon's website. A webcast replay will be accessible shortly after the call.

The company also announced the immediate appointment of Kris Doyle as Vice President, Investor Relations and FP&A.

Visteon (NASDAQ: VC) reported strong financial results for Q4 and full-year 2024. Q4 net sales reached $939 million with net income of $122 million ($4.37 per diluted share), while full-year sales totaled $3,866 million with net income of $274 million ($9.82 per diluted share). The company achieved record adjusted EBITDA of $474 million for the year and record adjusted free cash flow of $300 million.

The company secured $6.1 billion in new business wins across various product categories, including $1.1 billion in clusters, $1.5 billion in SmartCore™ and infotainment, $2.6 billion in displays, and $0.7 billion in electrification. Visteon successfully launched 95 new products in 2024.

For 2025, Visteon projects sales between $3.65-3.85 billion, adjusted EBITDA of $450-480 million, and adjusted free cash flow of $175-205 million.

Visteon (VC) has scheduled the release of its fourth quarter and full-year 2024 financial results before market opening on Tuesday, February 18. The automotive cockpit electronics leader will host a conference call at 9 a.m. ET for investors to discuss the results.

The conference call will be accessible via toll-free numbers for U.S./Canada (1-888-330-2508) and international participants (1-240-789-2735) using Conference ID 8897485. A live audio webcast will also be available. Supplementary materials, including presentation materials and the news release, will be accessible in the Investors section of Visteon's website, with a replay available shortly after the call.

Visteon (NASDAQ: VC) reported Q3 2024 financial results with sales of $980 million, achieving 6% growth-over-market. The company posted net income of $39 million ($1.40 per diluted share) and adjusted net income of $63 million ($2.26 per diluted share). Adjusted EBITDA reached $119 million. The quarter saw 30 new product launches and $4.9 billion in year-to-date business wins. Visteon maintains a strong balance sheet with $229 million in net cash and has updated its full-year 2024 guidance, projecting sales of $3.85-3.90 billion and adjusted EBITDA of $465-480 million.

Visteon (Nasdaq: VC), a global technology company serving the mobility industry, has announced it will release its third quarter 2024 financial results before the market opens on Thursday, Oct. 24. The company will host a conference call for investors at 9 a.m. ET to discuss the results and related matters.

The conference call will be accessible to the public via a live audio webcast. Dial-in numbers for participation are provided: U.S./Canada Toll-Free: 1-888-330-2508, International Toll: 1-240-789-2735, with Conference ID: 8897485. Participants are advised to dial in approximately 10 minutes before the start of the conference.

All related materials, including the news release, presentation materials, and other supplemental information, will be available in the Investors section of Visteon's website. A replay of the webcast will be made available on the company's website shortly after the call.

Visteon (NASDAQ: VC) reported strong Q2 2024 financial results, with sales of $1,014 million, representing a Growth-over-Market of 9%. The company achieved a net income of $71 million and a record Adjusted EBITDA of $136 million. Visteon launched 41 new products across 17 OEMs in the first half and won $3.1 billion in new business. Key highlights include:

- Gross margin of $147 million
- Net income per diluted share of $2.54
- Adjusted EBITDA margin of 13.4%, up 420 basis points YoY
- Strong balance sheet with net cash of $181 million
- Updated full-year 2024 guidance: sales of $3.85-$3.95 billion, adjusted EBITDA of $455-$475 million

Visteon (Nasdaq: VC) announced it will release its second quarter 2024 financial results on July 25, before market opening. The company, a significant player in the global mobility technology sector, will host a conference call at 9 a.m. ET to discuss the results. The call will be accessible to the investment community and the general public via a live audio webcast. U.S. and Canadian participants can dial in toll-free at 1-888-330-2508, while international participants can use 1-240-789-2735 with Conference ID 8897485. Presentation materials and supplemental information will be available on Visteon's Investor section of the website. A replay of the webcast will be available shortly after the event.