Visteon (VC) Reports Q4 EPS of $1.69

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Visteon Announces 2021 Financial Results and 2022 Outlook

February 17, 2022 6:55 AM EST

VAN BUREN TOWNSHIP, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2021 financial results that exceed its previous outlook.   Highlights include:

$786 million Q4 net sales; 15% growth-over-market1Net income of $31 million in Q4 or $1.09 per diluted shareAdjusted EBITDA of $92 million, 11.7% of sales in Q4Third electrification customer added in Q4 $102 million net cash position at year end... More