Garrett Motion (GTX) Misses Q2 EPS by 8c

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Go back to Garrett Motion (GTX) Misses Q2 EPS by 8c

Garrett Motion Reports Second Quarter 2022 Financial Results

July 28, 2022 7:14 AM EDT

Second Quarter 2022 Highlights

Reported net sales totaled $859 million, down 8% on a GAAP basis, flat at constant currency*Net income totaled $85 million; Net income margin 9.9%Adjusted EBITDA* totaled $138 million; Adjusted EBITDA margin* of 16.1%Net cash used for operating activities totaled $104 millionAdjusted free cash flow* totaled... More