Garrett Motion (GTX) Misses Q3 EPS by 30c, Revenues Beat; Lowers FY19 Adj. EBITDA Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Garrett Motion Reports Third Quarter 2019 Financial Results
November 8, 2019 7:00 AM ESTThird Quarter 2019 Highlights
Net sales totaled $781 million, a decrease of 0.4% on a reported basis and an increase of 2.8% organically* Net income totaled $38 million, or basic and diluted earnings per share of $0.51 and $0.50, respectively Adjusted EBITDA* decreased 2.9% to $133 million; Adjusted EBITDA margin* decreased to 17.0% Adjusted Levered Free Cash Flow* totaled $102 million Total Debt reduced by $87 million to $1,511 million at September 30, 2019 Net Debt* reduced by $95 million to $1,321 million at September 30, 2019 Reiterated 2019 guidance for organic net sales and Adjusted Levered Free Cash Flow conversion; revised full-year outlook for Adjusted... More