Associated tags: Android, Visteon, VC, VAN, Video game
Locations: DEARBORN, MI, US, VC, CHINA, HONDA, EUROPE, SCANIA
VAN BUREN TOWNSHIP, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported first quarter financial results.
Key Points:
- VAN BUREN TOWNSHIP, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported first quarter financial results.
- The decline in net sales was primarily due to lower recoveries resulting from improved semiconductor supply in the first quarter of 2024 and 1% lower customer vehicle production.
- Gross margin in the first quarter was $119 million, and net income attributable to Visteon was $42 million, or $1.50 per diluted share.
- Visteon repurchased $20 million of shares in the first quarter of 2024 under the $300 million share repurchase authorization announced in March 2023.
VAN BUREN TOWNSHIP, Mich., April 09, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its first quarter 2024 financial results before the market opens on Thursday, April 25.
Key Points:
- VAN BUREN TOWNSHIP, Mich., April 09, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its first quarter 2024 financial results before the market opens on Thursday, April 25.
- The company will host a conference call for the investment community at 9 a.m.
- The conference call is also available to the public via a live audio webcast .
- Shortly after the call, a replay of the webcast will be available on the company’s website.
Retrieved on:
Tuesday, February 20, 2024
Engineering,
EV,
OEM,
Mahindra,
European,
Share repurchase,
Digital,
SUV,
Growth,
Electronics,
VAN,
Nissan Rogue,
Visteon,
Accounting,
Nissan,
Public expenditure,
UAW VAN BUREN TOWNSHIP, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2023 financial results.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2023 financial results.
- Gross margin in the fourth quarter was $130 million, and net income attributable to Visteon was $366 million, or $12.98 per diluted share.
- Visteon repurchased $106 million of shares during 2023 under the $300 million share repurchase authorization announced in March 2023.
- "Visteon delivered another strong performance in 2023 with approximately $400 million of growth in our base sales.
Retrieved on:
Wednesday, January 31, 2024
VAN BUREN TOWNSHIP, Mich., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its fourth quarter and full-year 2023 financial results before the market opens on Tuesday, Feb. 20.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its fourth quarter and full-year 2023 financial results before the market opens on Tuesday, Feb. 20.
- The company will host a conference call for the investment community at 9 a.m.
- The conference call is also available to the public via a live audio webcast .
- Shortly after the call, a replay of the webcast will be available on the company’s website.
Lithium,
LCD,
SOA,
Consumer Electronics Show,
Hand,
Chemistry,
Service-oriented architecture,
OLED,
BMS,
Electronics,
SDV,
Social media,
Safety,
CES,
TFT,
Silicon,
Television These key themes underscore Visteon's dedication to revolutionizing the driving experience and shaping the future of mobility.
Key Points:
- These key themes underscore Visteon's dedication to revolutionizing the driving experience and shaping the future of mobility.
- “The automotive industry continues on its path of rapid change, and Visteon remains at the forefront of digitalization and electrification by developing new, award-winning technologies,” said Sachin Lawande, President and CEO, Visteon.
- Our booth display demonstrates how Visteon is leading the change from a distributed functional system to a centralized high-performance computing platform.
- As Visteon unveils its latest technologies at CES 2024, the company reiterates its commitment to driving innovation, empowering the industry, and shaping the future of mobility through software-driven, cloud-enabled, and battery-electric solutions.
Retrieved on:
Thursday, November 16, 2023
Chicago Innovation Awards,
CES,
Engineering,
Consumer Technology Association,
Consumer Electronics Show,
VAN,
Control display unit,
Visteon,
Hand,
Advanced Mobile Phone System,
Paris Las Vegas,
HVAC,
Video game VAN BUREN TOWNSHIP, Mich., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Visteon, a global technology company, announced today it was awarded a Consumer Electronics Show (CES) 2024 Innovation Award for its Deco Trim Command and Control Display. This is the second year in a row Visteon has been honored in the Vehicle Tech and Advanced Mobility category.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Visteon, a global technology company, announced today it was awarded a Consumer Electronics Show (CES) 2024 Innovation Award for its Deco Trim Command and Control Display.
- This is the second year in a row Visteon has been honored in the Vehicle Tech and Advanced Mobility category.
- The Deco Trim Command and Control Display enables a new level of design freedom, allowing automakers to eliminate bulky and unsightly buttons with a streamlined display that appears and disappears with the wave of a hand.
- The award announcement was made ahead of CES 2024, the world's most influential technology event, on January 9-12 in Las Vegas.
Retrieved on:
Thursday, October 26, 2023
Tata,
OEM,
App Store (iOS/iPadOS),
SUV,
Public expenditure,
Mercedes-EQ,
EBITDA,
Visteon,
VAN,
Android,
Growth,
VC,
Mercedes,
Ford Transit Custom,
Video game VAN BUREN TOWNSHIP, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported third quarter 2023 financial results.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported third quarter 2023 financial results.
- Total global vehicle production increased 4% from the prior year, however Visteon customer production was flat over the same period.
- Gross margin in the third quarter was $143 million, and net income attributable to Visteon was $66 million or $2.32 per diluted share.
- “We delivered strong results in the third quarter and continued to strengthen our foundation for future growth,” said Sachin Lawande, President and CEO.
Retrieved on:
Wednesday, October 11, 2023
VAN BUREN TOWNSHIP, Mich., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its third quarter 2023 financial results before the market opens on Thursday, Oct. 26.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its third quarter 2023 financial results before the market opens on Thursday, Oct. 26.
- The company will host a conference call for the investment community at 9 a.m.
- ET to discuss the results and related matters.
- The phone replay will be available soon after the completion of the call and until 11:59 p.m.
Retrieved on:
Thursday, August 24, 2023
Communication,
Visteon,
EV,
Automotive News,
Original equipment manufacturer,
EVS,
CDC,
PACE Award,
VAN,
System,
VC,
News,
Motorcycle,
Mobile phone VAN BUREN TOWNSHIP, Mich., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) announced today it has been named a 2023 Automotive News PACE™ Awards finalist for its Motorcycle Integrated Cockpit Domain Controller (CDC) and smart battery management system (smartBMS) products.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) announced today it has been named a 2023 Automotive News PACE™ Awards finalist for its Motorcycle Integrated Cockpit Domain Controller (CDC) and smart battery management system (smartBMS) products.
- The Automotive News PACE Awards identify and celebrate the latest game-changing innovations that have made the journey from the brainstorm stage into the commercial market.
- “At Visteon, we pride ourselves on our best-in-class product portfolio,” said Sachin Lawande, President and CEO, Visteon.
- The PACE Awards honor innovations driven by automotive suppliers and are recognized by the global automotive industry for identifying and celebrating the latest game-changing innovation from the plant floor to the showroom floor.
Visteon,
EV,
Digital,
Electronics,
Harley-Davidson,
Public expenditure,
EBITDA,
European,
VAN,
Growth,
OEM,
VC,
JMC VAN BUREN TOWNSHIP, Mich., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported second quarter financial results.
Key Points:
- VAN BUREN TOWNSHIP, Mich., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported second quarter financial results.
- Gross margin in the second quarter was $104 million, and net income attributable to Visteon was $20 million or $0.70 per diluted share.
- Adjusted EBITDA, a non-GAAP measure defined below, was $90 million in the second quarter or 9.2% of sales.
- The company ended the second quarter with cash of $459 million and debt of $348 million.
