Visteon Corporation
104.20-3.12 (-2.91%)
Oct 29, 4:00:00 PM EDT · NasdaqGS · VC · USD
Key Stats
Market Cap
2.84BP/E (TTM)
9.35Basic EPS (TTM)
11.15Dividend Yield
0%Recent Filings
8-K
Visteon Q3 sales dip, profits hold
Visteon reported Q3 2025 net sales of $917 million, down 6% year-over-year due to U.S. battery management reductions, China declines, and JLR downtime, yet delivered net income of $57 million and adjusted EBITDA of $119 million through strong cockpit electronics performance. Year-to-date adjusted free cash flow hit $215 million, with $1.8 billion in new business wins and 28 product launches underscoring growth momentum. Cash is king here. The company maintained full-year guidance, tracking high-end on EBITDA and cash flow but below midpoint on sales, excluding Nexperia disruptions.
10-Q
Q3 FY2025 results
Visteon held steady on net sales at $917 million for Q3 2025 ended September 30, down 6.4% year-over-year from $980 million (derived), yet gross margin stayed flat at $131 million, or 14.3%, thanks to cost efficiencies offsetting pricing pressures. Operating income climbed to $75 million from $52 million y/y (derived), fueled by lower restructuring charges of $3 million versus $28 million, while diluted EPS rose to $2.04 from $1.40, aligning with 27.9 million shares. Year-to-date, sales dipped 3.6% to $2,820 million, but net income attributable to Visteon hit $187 million, up from $152 million, with free cash flow at $204 million after $88 million capex. The UX Acquisition closed in May 2025 for $55 million cash plus up to $9 million contingent, adding $29 million goodwill and $37 million intangibles amortized over 16-20 years to boost engineering services. Cash swelled to $762 million against $306 million total debt, revolver fully available under 3.50:1 leverage covenant. Supply chain snarls from China's export controls pose a nagging risk.
10-Q
Q2 FY2025 results
Visteon posted Q2 net sales of $969M, down 4.4% y/y from $1,014M amid softer customer volumes and pricing pressures, yet gross margin held at 14.6% versus 14.5% last year, buoyed by manufacturing efficiencies. Operating income slipped to $92M from $97M y/y, while diluted EPS of $2.36 edged lower from $2.54, reconciling cleanly to 27.6M shares with no anti-dilution flags. YTD sales dipped to $1,903M from $1,947M, but net income attributable climbed 15% to $130M, driven by cost controls and affiliate gains. Cash swelled to $668M, with operating cash flow at $165M yielding $99M free cash flow (derived); total debt stayed low at $310M under a $400M revolver with full availability and a 3.50:1 leverage covenant. The UX Acquisition closed May 2025 for $55M cash plus up to $9M contingent, adding $31M goodwill and $34M intangibles amortized over 10-16 years to sharpen product development. Tariffs pose an ongoing risk to supply chains and volumes.
8-K
Visteon Q2 results and dividend
Visteon reported Q2 2025 sales of $969 million, down from $1,014 million last year due to lower battery volumes and China softness, yet boosted net income to $65 million and adjusted EBITDA to $134 million through operational discipline. The company closed a $50 million bolt-on acquisition of an engineering services firm and launched 21 new products across eight OEMs, securing $2.0 billion in wins. Board approved a $0.275 per share quarterly dividend payable September 5, 2025. Raised full-year guidance to $3.70-$3.85 billion sales, $475-$505 million adjusted EBITDA. Strong cash flow supports growth investments.
8-K
Visteon appoints Sennett to board
Visteon Corporation appointed Marjorie T. Sennett to its board of directors on July 17, 2025, effective immediately, assigning her to the Audit and Organization and Compensation Committees. A distinguished finance and technology executive with CFO experience at eGroups and Amylin Pharmaceuticals, plus board roles at Cognex and formerly QuinStreet, Sennett brings institutional investor insights to bolster Visteon's cockpit electronics strategy. Her expertise sharpens governance amid rapid automotive tech growth. No family ties or related transactions disclosed.
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