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Jun 30, 2022

Adient Q3 2022 Earnings Report

Adient's financial performance declined due to restructuring and market factors.

Key Takeaways

Adient's Q3 2022 earnings revealed a net loss attributable to Adient of $30 million, with a diluted loss per share of $0.32. Net sales increased to $3,485 million compared to $3,242 million in the same period last year. The company's adjusted EBITDA was $143 million, with an adjusted EBITDA margin of 4.1%.

Net sales increased to $3,485 million from $3,242 million year-over-year.

Net loss attributable to Adient was $30 million, compared to a net loss of $71 million in the prior year.

Adjusted EBITDA was $143 million, with a margin of 4.1%.

Diluted loss per share was $0.32, compared to a loss of $0.75 in the prior year.

Total Revenue
$3.49B
Previous year: $3.24B
+7.5%
EPS
$0.08
Previous year: -$0.53
-115.1%
Adjusted EBITDA
$143M
Previous year: $118M
+21.2%
Adjusted EBITDA margin
4.1%
Previous year: 3.6%
+13.9%
Gross Profit
$173M
Previous year: $150M
+15.3%
Cash and Equivalents
$892M
Previous year: $1B
-10.8%
Free Cash Flow
-$30M
Total Assets
$9.32B
Previous year: $9.8B
-5.0%

Adient

Adient

Adient Revenue by Segment

Adient Revenue by Geographic Location

Forward Guidance

Due to the document only containing information about the past performance of the company, there is no information about forward guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income