GTX - Garrett Motion GAAP EPS of $0.29 beats by $0.10 revenue of $862M misses by $1M
Garrett Motion press release (NASDAQ:GTX): Q4 GAAP EPS of $0.29 beats by $0.10. Revenue of $862M (-14% Y/Y) misses by $1M. Shares +4.6% PM Adjusted EBITDA totaled $129 million; Adjusted EBITDA margin improved to 15.0% Net cash provided by operating activities totaled $136 million Adjusted free cash flow totaled $151 million; Adjusted free cash flow conversion rate was 194% Guidance FY22: Revenue is expected to range between $3.70-$4.00B. That is sales growth of 4% to 13%; Adjusted EBITDA of $590-$650M; and GAAP Net Income of $295M to $340M
For further details see:
Garrett Motion GAAP EPS of $0.29 beats by $0.10, revenue of $862M misses by $1M