VC Q1 2024 Earnings — Visteon Corporation Revenue & Financial Results | Market Cap Arena

VCVisteon Corporation

$2B

Q1 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$933M-3.5% YoY

Gross Profit

$119M12.8% margin

Operating Income

$67M7.2% margin

Net Income

$42M4.5% margin

EPS (Diluted)

$1.50

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$32M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.6B

Stockholders' Equity

$1.0B

Cash & Equivalents

$504M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$933M	$967M	-3.5%
Gross Profit	$119M	$110M	+8.2%
Operating Income	$67M	$58M	+15.5%
Net Income	$42M	$34M	+23.5%

Revenue Segments

Instrument cluster

$440M47%

Cockpit domain controller

$141M15%

Audio and infotainment

$118M13%

Body and electrification

$109M12%

Information displays

$81M9%

Other (includes HUD)

$44M5%

Geographic Segments

Europe

$313M32%

Americas

$296M31%

Other Asia-Pacific

$173M18%

China Domestic

$114M12%

China Export

$70M7%