VC Q2 2023 Earnings — Visteon Corporation Revenue & Financial Results | Market Cap Arena

VCVisteon Corporation

$2B

Q2 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$983M+15.9% YoY

Gross Profit

$104M10.6% margin

Operating Income

$52M5.3% margin

Net Income

$20M2.0% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

$31M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.5B

Stockholders' Equity

$705M

Cash & Equivalents

$459M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$983M	$848M	+15.9%
Gross Profit	$104M	$74M	+40.5%
Operating Income	$52M	$31M	+67.7%
Net Income	$20M	$24M	-16.7%

Revenue Segments

Instrument cluster

$477M49%

Cockpit domain controller

$138M14%

Audio and infotainment

$126M13%

Information displays

$90M9%

Other (includes HUD)

$80M8%

Body and electrification

$72M7%

Geographic Segments

Europe

$330M32%

Americas

$292M29%

Other Asia-Pacific

$161M16%

China Domestic

$152M15%

China Export

$88M9%