Visteon (VC) Tops Q1 EPS by 26c

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Go back to Visteon (VC) Tops Q1 EPS by 26c

Visteon Announces First-Quarter 2016 Results

April 28, 2016 6:55 AM EDT

VAN BUREN TOWNSHIP, Mich., April 28, 2016 /PRNewswire/ --

Strong financial performance Sales of $802 million Adjusted EBITDA of $89 million Net income of $19 million Electronics performance Electronics sales of $793 million Adjusted EBITDA of $94 million Electronics backlog of $15.6 billion Repurchased approximately 6 million shares in first quarter as part of board-approved execution of share repurchase programs to be completed by year-end; 34 million shares outstanding as of April 21,... More