Visteon(VC) - 2024 Q3 - Quarterly Results
Visteon(VC)2024-10-24 19:04
Exhibit 99.1 NEWS RELEASE Visteon Announces Third Quarter 2024 Results VAN BUREN TOWNSHIP, Mich., October 24, 2024 — Visteon Corporation (NASDAQ: VC) today reported third quarter financial results. Highlights include: 1 • Sales of $980 million with Growth-over-Market of 6% • Net income of $39 million and adjusted net income of $63 million • Adjusted EBITDA of $119 million • Launched 30 new products in the quarter and 71 year-to-date • New business wins of $4.9 billion year-to-date • Net cash of $229 million ...