Visteon (VC) Reports Q4 EPS of $1.10

Visteon (NYSE: VC) reported Q4 EPS of $1.10, versus $0.38 reported last year. Revenue for the quarter came in at $2.03 billion, versus $1.72 million reported last year.

"We achieved strong quarterly adjusted EBITDA on the fundamental strength of our cockpit electronics businesses in a positive overall market, combined with benefits from engineering synergies and manufacturing costs," said Tim Leuliette, president and CEO. "We continue to realize value for our customers and shareholders through the ongoing integration of the former Johnson Controls electronics business. With the upcoming sale of our ownership interest in Halla Visteon Climate Control Corp., we will be singularly focused on our profitable, technology-focused electronics business, where we are well-positioned to capitalize on dynamic growth of the connected vehicle ecosystem."

For earnings history and earnings-related data on Visteon (VC) click here.

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