GTX - Garrett Motion GAAP EPS of $0.23 misses by $0.03 revenue of $898M misses by $51M introduces FY23 outlook
- Garrett Motion press release ( NASDAQ: GTX ): Q4 GAAP EPS of $0.23 misses by $0.03 .
- Revenue of $898M (+4.2% Y/Y) misses by $51M .
- 2023 Outlook: Net sales $3.55billion to $3.85billion vs. consensus of $3.94B; Net income $255 million to $300million
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Adjusted EBITDA* totaled $140 million; Adjusted EBITDA margin* of 15.6%
Net cash provided by operating activities totaled $137 million
Adjusted free cash flow* totaled $132 million
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Garrett Motion GAAP EPS of $0.23 misses by $0.03, revenue of $898M misses by $51M, introduces FY23 outlook