Visteon Announces Second Quarter 2025 Financial Results, Initiates Quarterly Dividend and Reinstates and Raises Full Year Guidance
Visteon (NASDAQ: VC) reported strong Q2 2025 financial results with sales of $969 million and net income of $65 million. The company achieved $134 million in adjusted EBITDA and generated $165 million in operating cash flow for H1 2025.
Key highlights include $2.0 billion in new business wins, 21 new product launches, and a healthy balance sheet with $361 million in net cash. Visteon completed a strategic acquisition of a technology services company for $50 million and initiated a quarterly dividend of $0.275 per share.
The company raised its full-year 2025 guidance, now expecting sales of $3.70-3.85 billion, adjusted EBITDA of $475-505 million, and adjusted free cash flow of $195-225 million.
Visteon (NASDAQ: VC) ha riportato solidi risultati finanziari per il secondo trimestre del 2025, con vendite pari a 969 milioni di dollari e un utile netto di 65 milioni di dollari. L'azienda ha raggiunto un EBITDA rettificato di 134 milioni di dollari e ha generato un flusso di cassa operativo di 165 milioni di dollari nella prima metà del 2025.
Tra i principali risultati si segnalano 2,0 miliardi di dollari in nuovi contratti acquisiti, il lancio di 21 nuovi prodotti e un bilancio solido con 361 milioni di dollari di liquidità netta. Visteon ha completato un'acquisizione strategica di una società di servizi tecnologici per 50 milioni di dollari e ha avviato un dividendo trimestrale di 0,275 dollari per azione.
L'azienda ha rivisto al rialzo le previsioni per l'intero anno 2025, aspettandosi ora vendite tra 3,70 e 3,85 miliardi di dollari, un EBITDA rettificato tra 475 e 505 milioni di dollari e un flusso di cassa libero rettificato tra 195 e 225 milioni di dollari.
Visteon (NASDAQ: VC) reportó sólidos resultados financieros en el segundo trimestre de 2025, con ventas de 969 millones de dólares y un ingreso neto de 65 millones de dólares. La compañía logró un EBITDA ajustado de 134 millones de dólares y generó un flujo de caja operativo de 165 millones de dólares en el primer semestre de 2025.
Los aspectos destacados incluyen 2.000 millones de dólares en nuevos contratos ganados, 21 lanzamientos de nuevos productos y un balance saludable con 361 millones de dólares en efectivo neto. Visteon completó una adquisición estratégica de una empresa de servicios tecnológicos por 50 millones de dólares e inició un dividendo trimestral de 0,275 dólares por acción.
La compañía elevó su guía para todo el año 2025, ahora esperando ventas de 3,70 a 3,85 mil millones de dólares, un EBITDA ajustado de 475 a 505 millones de dólares y un flujo de caja libre ajustado de 195 a 225 millones de dólares.
Visteon (NASDAQ: VC)은 2025년 2분기 강력한 재무 실적을 발표했습니다. 매출은 9억 6,900만 달러, 순이익은 6,500만 달러를 기록했습니다. 회사는 조정 EBITDA 1억 3,400만 달러를 달성했으며, 2025년 상반기에 1억 6,500만 달러의 영업 현금 흐름을 창출했습니다.
주요 성과로는 20억 달러 규모의 신규 사업 수주, 21개의 신제품 출시, 그리고 3억 6,100만 달러의 순현금을 보유한 건전한 재무 상태가 있습니다. Visteon은 5,000만 달러 규모의 기술 서비스 회사 전략적 인수를 완료했으며, 주당 0.275달러의 분기 배당금을 시작했습니다.
회사는 2025년 연간 가이던스를 상향 조정하여, 매출을 37억~38억 5천만 달러, 조정 EBITDA를 4억 7,500만~5억 500만 달러, 조정 잉여 현금 흐름을 1억 9,500만~2억 2,500만 달러로 예상하고 있습니다.
Visteon (NASDAQ : VC) a publié de solides résultats financiers pour le deuxième trimestre 2025, avec un chiffre d'affaires de 969 millions de dollars et un bénéfice net de 65 millions de dollars. La société a réalisé un EBITDA ajusté de 134 millions de dollars et généré un flux de trésorerie opérationnel de 165 millions de dollars pour le premier semestre 2025.
Les points clés incluent 2,0 milliards de dollars de nouveaux contrats remportés, 21 lancements de nouveaux produits, et un bilan sain avec 361 millions de dollars de trésorerie nette. Visteon a finalisé une acquisition stratégique d'une société de services technologiques pour 50 millions de dollars et a initié un dividende trimestriel de 0,275 dollar par action.
La société a relevé ses prévisions pour l'année complète 2025, s'attendant désormais à un chiffre d'affaires compris entre 3,70 et 3,85 milliards de dollars, un EBITDA ajusté entre 475 et 505 millions de dollars et un flux de trésorerie libre ajusté entre 195 et 225 millions de dollars.
Visteon (NASDAQ: VC) meldete starke Finanzergebnisse für das zweite Quartal 2025 mit einem Umsatz von 969 Millionen US-Dollar und einem Nettogewinn von 65 Millionen US-Dollar. Das Unternehmen erzielte ein bereinigtes EBITDA von 134 Millionen US-Dollar und generierte einen operativen Cashflow von 165 Millionen US-Dollar für das erste Halbjahr 2025.
Zu den wichtigsten Highlights zählen 2,0 Milliarden US-Dollar an neuen Aufträgen, 21 neue Produkteinführungen und eine solide Bilanz mit 361 Millionen US-Dollar Nettogeld. Visteon schloss eine strategische Übernahme eines Technologie-Dienstleistungsunternehmens für 50 Millionen US-Dollar ab und startete eine vierteljährliche Dividende von 0,275 US-Dollar pro Aktie.
Das Unternehmen hob seine Prognose für das Gesamtjahr 2025 an und erwartet nun einen Umsatz von 3,70 bis 3,85 Milliarden US-Dollar, ein bereinigtes EBITDA von 475 bis 505 Millionen US-Dollar und einen bereinigten freien Cashflow von 195 bis 225 Millionen US-Dollar.
- Strong profitability with $65 million net income despite lower revenue
- Robust new business wins of $2.0 billion in Q2, totaling $3.9 billion year-to-date
- Healthy balance sheet with $361 million net cash position
- Initiated quarterly dividend of $0.275 per share
- Raised full-year 2025 guidance across all metrics
- Successfully launched 21 new products across eight OEMs
- Year-over-year sales decline to $969 million from $1,014 million
- Lower Battery Management System volumes and softness in China market
- Paused share repurchases in Q2 due to tariff uncertainty
Insights
Visteon delivers strong Q2 profits despite revenue dip, initiates dividend, raises guidance, signaling confidence in cash generation.
Visteon's Q2 results demonstrate remarkable operational efficiency despite revenue headwinds. Sales decreased
The company's initiation of a quarterly dividend of
Visteon's balance sheet remains exceptionally healthy with
The
Management's decision to raise full-year guidance for sales, adjusted EBITDA, and free cash flow reflects confidence in the company's trajectory despite automotive industry challenges. The strategic bolt-on acquisition for
- Sales of
million$969 - Net income of
$65 million - Adjusted EBITDA of
$134 million - Operating cash flow of
and adjusted free cash flow of$165 million for the first six months$105 million - Healthy balance sheet with net cash of
at quarter end$361 million - New business wins of
and 21 new product launches$2.0 billion - Closed bolt-on acquisition of technology services company
- Initiated quarterly dividend
Second Quarter Results
Visteon delivered solid results in the second quarter reflecting the continued strength of its digital cockpit portfolio and disciplined operational execution. Sales for the quarter totaled
Gross margin in the second quarter was
For the six months ended June 30, 2025, the Company generated
New business momentum remained strong in the quarter, with
Visteon also launched 21 new products during the quarter across eight OEMs, including four commercial vehicle and two-wheeler programs. Key launches included a 25-inch panoramic display on the Audi Q3 platform in
"Our second quarter represents another quarter of proof points supporting our long-term growth strategy. We launched 21 new products across eight OEMs, secured
Capital Allocation
The Company continues to execute on its balanced capital allocation strategy, which balances maintaining a strong balance sheet, investing in the business through organic and inorganic investments, and returning capital to shareholders. In the quarter, the Company invested in the business with
After pausing share repurchases in the second quarter due to the uncertainty created by tariffs, the Company plans to resume capital returns to shareholders. Since the beginning of 2023, the Company has returned
The Company's approach to capital allocation strikes a balance between investing in the long-term growth of the business while enhancing returns to investors. Resuming capital returns to shareholders, including the introduction of a cash dividend, highlights the Company's confidence in future cash flow generation.
Financial Outlook
Based on our year-to-date performance and outlook for the second half of the year, Visteon is updating its full-year 2025 guidance. The Company now expects:
- Sales of
to$3.70 billion (up from$3.85 billion to$3.65 billion )$3.85 billion - Adjusted EBITDA of
to$475 million (up from$505 million to$450 million )$480 million - Adjusted free cash flow of
to$195 million (up from$225 million to$175 million )$205 million
Our guidance assumes tariffs remain at current levels, with USMCA-compliant parts crossing the US –
About Visteon
Visteon (NASDAQ: VC) is advancing mobility through innovative technology solutions that enable a software-defined future. The Company's state-of-the-art product portfolio merges digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions. With expertise spanning passenger vehicles, commercial transportation, and two-wheelers, Visteon partners with global OEMs to create safer, cleaner, and more connected journeys. Headquartered in
Conference Call and Presentation
Today, Thursday, July 24, at 9 a.m. ET, the Company will host a conference call for the investment community to discuss the quarter's results and other related items. The conference call is available to the general public via a live audio webcast.
The dial-in numbers to participate in the call are:
Outside
Conference ID: 8897485
(Call approximately 10 minutes before the start of the conference.)
The conference call and live audio webcast, related presentation materials and other supplemental information will be accessible in the Investors section of Visteon's website.
__
Use of Non-GAAP Financial Information
Because not all companies use identical calculations, adjusted EBITDA, adjusted net income, adjusted EPS, free cash flow and adjusted free cash flow used throughout this press release may not be comparable to other similarly titled measures of other companies.
In order to provide the forward-looking non-GAAP financial measures for full-year 2025, the Company provides reconciliations to the most directly comparable GAAP financial measures on the subsequent slides. The provision of these comparable GAAP financial measures is not intended to indicate that the Company is explicitly or implicitly providing projections on those GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this press release and the adjustments that management can reasonably predict.
Forward-looking Information
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends," "estimates," "forecasts" and similar expressions identify certain of these forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to:
- uncertainties in
U.S. policy regarding trade agreements, tariffs or other international trade policies and any response to such actions by foreign countries; - continued and future impacts of the geopolitical conflicts and related supply chain disruptions, including but not limited to the conflicts in the
Middle East ,Russia andEast Asia and the possible imposition of sanctions; - significant or prolonged shortage of critical components from our suppliers, including but not limited to semiconductors, and particularly those who are our sole or primary sources;
- failure of the Company's joint venture partners to comply with contractual obligations or to exert influence or pressure in
China ; - conditions within the automotive industry, including (i) the automotive vehicle production volumes and schedules of our customers, (ii) the financial condition of our customers and the effects of any restructuring or reorganization plans that may be undertaken by our customers, including work stoppages at our customers, and (iii) possible disruptions in the supply of commodities to us or our customers due to financial distress, work stoppages, natural disasters or civil unrest;
- our ability to satisfy future capital and liquidity requirements; including our ability to access the credit and capital markets at the times and in the amounts needed and on terms acceptable to us; our ability to comply with financial and other covenants in our credit agreements; and the continuation of acceptable supplier payment terms;
- our ability to access funds generated by foreign subsidiaries and joint ventures on a timely and cost-effective basis;
- general economic conditions, including changes in interest rates and fuel prices; the timing and expenses related to internal restructurings, employee reductions, acquisitions or dispositions and the effect of pension and other post-employment benefit obligations;
- disruptions in information technology systems including, but not limited to, system failure, cyber-attack, malicious computer software (malware including ransomware), unauthorized physical or electronic access, or other natural or man-made incidents or disasters;
- increases in raw material and energy costs and our ability to offset or recover these costs; increases in our warranty, product liability and recall costs or the outcome of legal or regulatory proceedings to which we are or may become a party;
- changes in laws, regulations, policies or other activities of governments, agencies and similar organizations, domestic and foreign, that may tax or otherwise increase the cost of, prohibit, or otherwise affect, the manufacture, licensing, distribution, sale, ownership or use of our products or assets; and
- those factors identified in our filings with the SEC (including our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as updated by our subsequent filings with the Securities and Exchange Commission).
Caution should be taken not to place undue reliance on our forward-looking statements, which represent our view only as of the date of this release, and which we assume no obligation to update. The financial results presented herein are preliminary and unaudited; final financial results will be included in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2025. New business wins and re-wins do not represent firm orders or firm commitments from customers, but are based on various assumptions, including the timing and duration of product launches, vehicle production levels, customer price reductions and currency exchange rates.
Visteon Contacts:
Media:
Media@Visteon.com
Investors:
Investor@Visteon.com
VISTEON CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In millions except per share amounts) (Unaudited) | |||||||
Three Months Ended | Six Months Ended | ||||||
June 30, | June 30, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
Net sales | $ 969 | $ 1,014 | $ 1,903 | $ 1,947 | |||
Cost of sales | (828) | (867) | (1,624) | (1,681) | |||
Gross margin | 141 | 147 | 279 | 266 | |||
Selling, general and administrative expenses | (48) | (49) | (95) | (101) | |||
Restructuring, net | (1) | (1) | (1) | (3) | |||
Interest income, net | 2 | — | 3 | — | |||
Equity in net income (loss) of non-consolidated affiliates | 2 | — | 4 | (4) | |||
Other income (expense), net | 1 | 3 | 2 | 5 | |||
Income (loss) before income taxes | 97 | 100 | 192 | 163 | |||
Provision for income taxes | (28) | (25) | (56) | (44) | |||
Net income (loss) | 69 | 75 | 136 | 119 | |||
Less: Net (income) loss attributable to non-controlling interests | (4) | (4) | (6) | (6) | |||
Net income (loss) attributable to Visteon Corporation | $ 65 | $ 71 | $ 130 | $ 113 | |||
Comprehensive income (loss) | $ 106 | $ 55 | $ 193 | $ 84 | |||
Less: Comprehensive (income) loss attributable to non-controlling | (9) | (2) | (12) | (3) | |||
Comprehensive income (loss) attributable to Visteon Corporation | $ 97 | $ 53 | $ 181 | $ 81 | |||
Basic earnings (loss) per share attributable to Visteon Corporation | $ 2.38 | $ 2.57 | $ 4.78 | $ 4.09 | |||
Diluted earnings (loss) per share attributable to Visteon Corporation | $ 2.36 | $ 2.54 | $ 4.73 | $ 4.05 | |||
Average shares outstanding (in millions) | |||||||
Basic | 27.3 | 27.6 | 27.2 | 27.6 | |||
Diluted | 27.6 | 27.9 | 27.5 | 27.9 |
VISTEON CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions) | |||
(Unaudited) | |||
June 30, | December 31, | ||
2025 | 2024 | ||
ASSETS | |||
Cash and equivalents | $ 668 | $ 623 | |
Restricted cash | 3 | 3 | |
Accounts receivable, net | 621 | 578 | |
Inventories, net | 296 | 283 | |
Other current assets | 135 | 109 | |
Total current assets | 1,723 | 1,596 | |
Property and equipment, net | 485 | 452 | |
Intangible assets, net | 224 | 152 | |
Right-of-use assets | 128 | 100 | |
Investments in non-consolidated affiliates | 25 | 27 | |
Deferred tax assets | 444 | 441 | |
Other non-current assets | 163 | 94 | |
Total assets | $ 3,192 | $ 2,862 | |
LIABILITIES AND EQUITY | |||
Short-term debt | $ 18 | $ 18 | |
Accounts payable | 557 | 505 | |
Accrued employee liabilities | 88 | 107 | |
Current lease liability | 21 | 29 | |
Other current liabilities | 237 | 257 | |
Total current liabilities | 921 | 916 | |
Long-term debt, net | 292 | 301 | |
Employee benefits | 115 | 127 | |
Non-current lease liability | 111 | 78 | |
Deferred tax liabilities | 62 | 43 | |
Other non-current liabilities | 193 | 87 | |
Stockholders' equity: | |||
Common stock | 1 | 1 | |
Additional paid-in capital | 1,378 | 1,376 | |
Retained earnings | 2,678 | 2,548 | |
Accumulated other comprehensive loss | (255) | (306) | |
Treasury stock | (2,380) | (2,390) | |
Total Visteon Corporation stockholders' equity | 1,422 | 1,229 | |
Non-controlling interests | 76 | 81 | |
Total equity | 1,498 | 1,310 | |
Total liabilities and equity | $ 3,192 | $ 2,862 |
VISTEON CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) (Unaudited) | |||||||
Three Months Ended | Six Months Ended | ||||||
June 30, | June 30, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
OPERATING | |||||||
Net income (loss) | $ 69 | $ 75 | $ 136 | $ 119 | |||
Adjustments to reconcile net income (loss) to net cash provided from | |||||||
Depreciation and amortization | 27 | 24 | 52 | 46 | |||
Non-cash stock-based compensation | 12 | 11 | 23 | 21 | |||
Equity in net loss (income) of non-consolidated affiliates, net of | (2) | — | (4) | 4 | |||
Other non-cash items | (3) | 4 | (4) | 7 | |||
Changes in assets and liabilities: | |||||||
Accounts receivable | 21 | (52) | (3) | (49) | |||
Inventories | 24 | 28 | 4 | (23) | |||
Accounts payable | (11) | (29) | 40 | 8 | |||
Other assets and other liabilities | (42) | (4) | (79) | (7) | |||
Net cash provided from operating activities | 95 | 57 | 165 | 126 | |||
INVESTING | |||||||
Capital expenditures, including intangibles | (31) | (31) | (66) | (68) | |||
Acquisition of business, net of cash acquired | (50) | — | (50) | — | |||
Loan repayments from non-consolidated affiliates | — | (5) | — | (5) | |||
Other | (1) | 1 | 1 | 1 | |||
Net cash used by investing activities | (82) | (35) | (115) | (72) | |||
FINANCING | |||||||
Principal repayment of term debt facility | (5) | (5) | (9) | (9) | |||
Dividends to non-controlling interests | (14) | — | (18) | — | |||
Repurchase of common stock | — | — | (7) | (20) | |||
Stock based compensation tax withholding payments | (1) | — | (7) | (7) | |||
Proceeds from the exercise of stock options | — | — | 3 | — | |||
Net cash used by financing activities | (20) | (5) | (38) | (36) | |||
Effect of exchange rate changes on cash | 20 | (16) | 33 | (28) | |||
Net increase (decrease) in cash, equivalents, and restricted cash | 13 | 1 | 45 | (10) | |||
Cash, equivalents, and restricted cash at beginning of the period | 658 | 507 | 626 | 518 | |||
Cash, equivalents, and restricted cash at end of the period | $ 671 | $ 508 | $ 671 | $ 508 |
VISTEON CORPORATION AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(In millions except per share amounts)
(Unaudited)
Adjusted EBITDA: Adjusted EBITDA is presented as a supplemental measure of the Company's performance that management believes is useful to investors because the excluded items may vary significantly in timing or amounts and/or may obscure trends useful in evaluating and comparing the Company's operating activities across reporting periods. The Company defines adjusted EBITDA as net income attributable to the Company adjusted to eliminate the impact of depreciation and amortization, provision for (benefit from) income taxes, non-cash stock-based compensation expense, net interest expense, net income attributable to non-controlling interests, net restructuring expense, equity in net (income)/loss of non-consolidated affiliates, gain on non-consolidated affiliate transactions, and other gains and losses not reflective of the Company's ongoing operations. Because not all companies use identical calculations, this presentation of adjusted EBITDA may not be comparable to similarly titled measures of other companies.
Three Months Ended | Six Months Ended | Estimated | |||||||
June 30, | June 30, | Full Year | |||||||
Visteon: | 2025 | 2024 | 2025 | 2024 | 2025 | ||||
Net income attributable to Visteon Corporation | $ 65 | $ 71 | $ 130 | $ 113 | $ 235 | ||||
Depreciation and amortization | 27 | 24 | 52 | 46 | 105 | ||||
Non-cash, stock-based compensation expense | 12 | 11 | 23 | 21 | 45 | ||||
Provision for income taxes | 28 | 25 | 56 | 44 | 95 | ||||
Restructuring, net | 1 | 1 | 1 | 3 | 5 | ||||
Interest income, net | (2) | — | (3) | — | (5) | ||||
Net income attributable to non-controlling interests | 4 | 4 | 6 | 6 | 10 | ||||
Equity in net loss (income) of non-consolidated affiliates | (2) | — | (4) | 4 | (5) | ||||
Other | 1 | — | 2 | 1 | 5 | ||||
Adjusted EBITDA | $ 134 | $ 136 | $ 263 | $ 238 | $ 4901 |
Adjusted EBITDA is not a recognized term under
VISTEON CORPORATION AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(In millions except per share amounts)
(Unaudited)
Free Cash Flow and Adjusted Free Cash Flow: Free cash flow and adjusted free cash flow are presented as supplemental measures of the Company's liquidity that management believes are useful to investors in analyzing the Company's ability to service and repay its debt. The Company defines free cash flow as cash flow provided from operating activities less capital expenditures, including intangibles. The Company defines adjusted free cash flow as cash flow provided from operating activities less capital expenditures, including intangibles as further adjusted for restructuring related payments. Because not all companies use identical calculations, this presentation of free cash flow and adjusted free cash flow may not be comparable to other similarly titled measures of other companies.
Three Months Ended | Six Months Ended | Estimated | |||||||
June 30, | June 30, | Full Year | |||||||
Visteon: | 2025 | 2024 | 2025 | 2024 | 2025 | ||||
Cash provided from operating activities | $ 95 | $ 57 | $ 165 | $ 126 | $ 340 | ||||
Capital expenditures, including intangibles | (31) | (31) | (66) | (68) | (150) | ||||
Free cash flow | $ 64 | $ 26 | $ 99 | $ 58 | $ 190 | ||||
Restructuring related payments | 3 | 2 | 6 | 4 | 20 | ||||
Adjusted free cash flow | $ 67 | $ 28 | $ 105 | $ 62 | $ 2102 |
Free cash flow and adjusted free cash flow are not recognized terms under
VISTEON CORPORATION AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(In millions except per share amounts)
(Unaudited)
Adjusted Net Income and Adjusted Earnings Per Share: Adjusted net income and adjusted earnings per share are presented as supplemental measures that management believes are useful to investors in analyzing the Company's profitability, providing comparability between periods by excluding certain items that may not be indicative of recurring business operating results. The Company believes management and investors benefit from referring to these supplemental measures in assessing company performance and when planning, forecasting and analyzing future periods. The Company defines adjusted net income as net income attributable to Visteon adjusted to eliminate the impact of restructuring expense, loss on divestiture, gain on non-consolidated affiliate transactions, other gains and losses not reflective of the Company's ongoing operations and related tax effects. The Company defines adjusted earnings per share as adjusted net income divided by diluted shares. Because not all companies use identical calculations, this presentation of adjusted net income and adjusted earnings per share may not be comparable to other similarly titled measures of other companies.
Three Months Ended | Six Months Ended | ||||||
June 30, | June 30, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
Net income attributable to Visteon | $ 65 | $ 71 | $ 130 | $ 113 | |||
Diluted earnings per share: | |||||||
Net income attributable to Visteon | $ 65 | $ 71 | $ 130 | $ 113 | |||
Average shares outstanding, diluted | 27.6 | 27.9 | 27.5 | 27.9 | |||
Diluted earnings per share | $ 2.36 | $ 2.54 | $ 4.73 | $ 4.05 | |||
Adjusted net income and adjusted earnings per share: | |||||||
Net income attributable to Visteon | $ 65 | $ 71 | $ 130 | $ 113 | |||
Restructuring, net | 1 | 1 | 1 | 3 | |||
Other | 1 | — | 2 | 1 | |||
Tax impacts of adjustments | (1) | (1) | (1) | (1) | |||
Adjusted net income | $ 66 | $ 71 | $ 132 | $ 116 | |||
Average shares outstanding, diluted | 27.6 | 27.9 | 27.5 | 27.9 | |||
Adjusted earnings per share | $ 2.39 | $ 2.54 | $ 4.80 | $ 4.16 |
Adjusted net income and adjusted earnings per share are not recognized terms under
1Based on mid-point of the range of the Company's financial guidance.
2Based on mid-point of the range of the Company's financial guidance.
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SOURCE Visteon Corporation