VC Q2 2024 Earnings — Visteon Corporation Revenue & Financial Results | Market Cap Arena

VCVisteon Corporation

$2B

Q2 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$1.0B+3.2% YoY

Gross Profit

$147M14.5% margin

Operating Income

$98M9.7% margin

Net Income

$71M7.0% margin

EPS (Diluted)

$2.54

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$26M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$505M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$983M	+3.2%
Gross Profit	$147M	$104M	+41.3%
Operating Income	$98M	$52M	+88.5%
Net Income	$71M	$20M	+255.0%

Revenue Segments

Instrument cluster

$448M44%

Body and electrification

$152M15%

Cockpit domain controller

$145M14%

Audio and infotainment

$119M12%

Information displays

$104M10%

Other (includes HUD)

$46M5%

Geographic Segments

Americas

$364M35%

Europe

$328M31%

Other Asia-Pacific

$168M16%

China Domestic

$119M11%

China Export

$69M7%