GTX - Garrett Motion GAAP EPS of $0.21 misses by $0.01 revenue of $945M beats by $37M
- Garrett Motion press release ( NASDAQ: GTX ): Q3 GAAP EPS of $0.21 misses by $0.01 .
- Revenue of $945M (+12.6% Y/Y) beats by $37M, up 25% at constant currency.
- Adjusted EBITDA totaled $146 million; Adjusted EBITDA margin of 15.4%.
- Net cash provided by operating activities totaled $61 million
- Adjusted free cash flow totaled $120 million
- As of September 30, 2022, total principal amount of debt outstanding totaled $1,146 million, down from $1,180 million as of June 30, 2022.
- 2022 Outlook: Net sales 3.57 billion to $3.67 billion (vs. $3.5 billion to $3.7 billion); Net income $325 million to $345 million (vs. $290 million to $335 million).
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Garrett Motion GAAP EPS of $0.21 misses by $0.01, revenue of $945M beats by $37M