Visteon reported Q4 2024 revenue of $939 million, a 5.15% decline YoY. Net income decreased by 66.67% YoY to $122 million due to a smaller non-cash tax benefit. Adjusted EBITDA remained stable at $117 million, with an improved margin of 12.5%.
Visteon reported solid net sales of $980 million with 6% growth-over-market. Net income was $39 million, and adjusted EBITDA reached $119 million. The company launched 30 new products and secured $4.9 billion in new business year-to-date, ending the quarter with a net cash position of $229 million.
Visteon reported sales of $1,014 million, a net income of $71 million, and a record adjusted EBITDA of $136 million. The company launched 41 new products and won $3.1 billion in new business in the first half of the year.
Visteon reported net sales of $933 million and net income of $42 million. The company launched 26 new products and secured $1.4 billion in new business, including over $400 million in displays wins. Adjusted EBITDA was $102 million, representing 10.9% of sales.
Visteon's Q4 2023 results showed a decrease in net sales to $990 million compared to the previous year, primarily due to lower recoveries from improved semiconductor supply. Net income was $366 million, which included a significant non-cash tax benefit. Adjusted EBITDA increased to $117 million, reflecting strong operating performance and cost discipline.
Visteon's third quarter 2023 results showed a solid performance with sales of $1,014 million and base sales growth of 9%. The company achieved net income of $66 million and adjusted EBITDA of $128 million. Visteon also updated its full-year 2023 guidance to reflect strong year-to-date performance and market outlook.
Visteon Corporation reported a strong second quarter with sales up 18% year-over-year, driven by higher customer vehicle production and ongoing product launches. The company achieved its 17th consecutive quarter of growth-over-market. They reiterated their full year 2023 guidance.
Visteon reported a strong first quarter with sales up 22% year-over-year, driven by high demand for digital cockpit products. The company secured $1.5 billion in new business wins and maintained its full-year 2023 guidance.
Visteon reported Q4 net sales of $1,064 million, up 35% from prior year. Net income was $34 million, or $1.18 per diluted share. Adjusted EBITDA was $103 million, 9.7% of sales in Q4.
Visteon reported a 63% year-over-year increase in sales, reaching $1,026 million, driven by new product launches and positive pricing. The company's net income was $44 million, and adjusted EBITDA was $95 million, representing 9.3% of sales. Visteon also secured $5.0 billion in new business wins through the first three quarters.
Visteon reported a 42% increase in sales, reaching $848 million, driven by new product launches and positive pricing. The company achieved net income of $24 million and adjusted EBITDA of $79 million. Visteon secured $3.1 billion in new business wins in the first half of the year.
Visteon reported a strong first quarter with sales of $818 million, an 11% increase year-over-year. The company achieved 22% growth-over-market versus top customers' vehicle production and reported a net income of $22 million. Adjusted EBITDA was $71 million, representing 8.7% of sales.
Visteon reported Q4 net sales of $786 million, a 15% growth-over-market. Net income was $31 million, or $1.09 per diluted share. Adjusted EBITDA was $92 million, representing 11.7% of sales.
Visteon announced third-quarter net sales of $631 million, a 17% year-over-year decrease excluding currency impact. Net income attributable to Visteon was $5 million, or $0.18 per diluted share. Adjusted EBITDA was $42 million, or 6.7% of sales.
Visteon reported Q2 2021 net sales of $610 million, a 59% year-over-year increase excluding currency impacts. The company experienced a net loss of $11 million, but adjusted EBITDA increased by $33 million year-over-year to $30 million. New business wins for the first half of the year totaled $3.2 billion, and the company ended the quarter with a net cash position of $115 million.
Visteon reported a strong first quarter with net sales of $746 million, a 14% year-over-year increase excluding currency impacts. The company achieved a net income of $16 million, or $0.56 per diluted share, and adjusted EBITDA of $64 million, representing 8.6% of sales. New business wins totaled $1.8 billion, including key advancements in display and domain controller technologies.
Visteon reported Q4 net sales of $787 million, a 5% year-over-year increase excluding currency effects. The company achieved a net income of $18 million, or $0.64 per diluted share, and an adjusted EBITDA of $75 million. New business wins totaled $1.4 billion, including a battery management system award. The company's net cash position at year-end was $151 million.
Visteon reported Q3 2020 net sales of $747 million, a 3% increase year-over-year excluding currency impact. The company achieved a net income of $6 million, or $0.21 per diluted share, and an adjusted EBITDA of $87 million, representing 11.6% of sales. Visteon also secured $1.5 billion in new business wins and launched a record 23 new products during the quarter.
Visteon announced second-quarter 2020 results with sales outperforming customer production by five percentage points. The company reported $371 million in net sales and a net loss attributable to Visteon of $45 million. Despite the challenging environment, Visteon launched 21 new products during the first half of the year and won $1.7 billion in new business year-to-date.
Visteon reported a net sales of $643 million and a net loss of $35 million, which included $33 million of restructuring charges. The sales decrease was primarily due to COVID-19 impacts. The company was awarded $800 million in new business and maintains a strong cash position of $825 million.
Visteon Corporation announced its fourth-quarter and full-year 2019 financial results. The company reported Q4 sales of $744 million, a 7% growth-over-market, and a net income of $35 million. Adjusted EBITDA for the quarter was $85 million.