VC Q3 2023 Earnings — Visteon Corporation Revenue & Financial Results | Market Cap Arena

VCVisteon Corporation

$2B

Q3 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$1.0B-1.2% YoY

Gross Profit

$143M14.1% margin

Operating Income

$91M9.0% margin

Net Income

$66M6.5% margin

EPS (Diluted)

$2.32

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$96M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.6B

Stockholders' Equity

$724M

Cash & Equivalents

$485M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.0B	-1.2%
Gross Profit	$143M	$104M	+37.5%
Operating Income	$91M	$57M	+59.6%
Net Income	$66M	$44M	+50.0%

Revenue Segments

Instrument cluster

$494M49%

Cockpit domain controller

$146M14%

Audio and infotainment

$136M13%

Information displays

$87M9%

Body and electrification

$83M8%

Other (includes HUD)

$68M7%

Geographic Segments

Europe

$321M31%

Americas

$311M30%

Other Asia-Pacific

$170M16%

China Domestic

$162M15%

China Export

$88M8%