VC Q1 2023 Earnings — Visteon Corporation Revenue & Financial Results | Market Cap Arena

VCVisteon Corporation

$2B

Q1 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$967M+18.2% YoY

Gross Profit

$110M11.4% margin

Operating Income

$58M6.0% margin

Net Income

$34M3.5% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$40M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.6B

Stockholders' Equity

$720M

Cash & Equivalents

$484M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$967M	$818M	+18.2%
Gross Profit	$110M	$76M	+44.7%
Operating Income	$58M	$32M	+81.3%
Net Income	$34M	$22M	+54.5%

Revenue Segments

Instrument cluster

$474M49%

Audio and infotainment

$134M14%

Climate controls

$113M12%

Information displays

$97M10%

Other (includes HUD)

$72M7%

Body and electrification

$59M6%

Telematics

$18M2%

Geographic Segments

Europe

$346M34%

Americas

$276M27%

Other Asia-Pacific

$177M18%

China Domestic

$128M13%

China Export

$83M8%