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ZEELAND, Mich., July 28, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and six months ended June 30, 2023. 2nd Qua...
2023-07-27 11:31:04 ET Garrett Motion Inc. (GTX) Q2 2023 Earnings Conference Call July 27, 2023, 08:30 AM ET Company Participants Eric Birge - Head of IR Olivier Rabiller - President and CEO Sean Deason - SVP and CFO Conference Call Participants Hamed...
2023-07-27 07:07:32 ET Garrett Motion press release ( NASDAQ: GTX ): Q2 GAAP EPS of -$1.88. Revenue of $1.01B (+17.6% Y/Y). The company raised FY2023 revenue outlook to $3.84B to $4.03B from prior view of $3.79B to $3.98B. For further details see: Garrett Mot...
Second Quarter 2023 Highlights Net sales totaled $1,011 million, up 18% on a reported basis, up 19% at constant currency* Net income totaled $71 million; Net income margin 7.0% Adjusted EBITDA* totaled $170 million; Adjusted EBITDA margin* of 16.8% Net cash...
2023-07-25 15:02:05 ET Summary PHINIA was recently spun-off from BorgWarner. We believe the indiscriminate selling from BorgWarner existing shareholders and low valuation created a great opportunity to buy the stock. It is trading at 3.6X EV/EBITDA while peers are trading at +...
2023-07-17 09:55:36 ET Summary Garrett Motion's share buyback plan is growing, with the buyback valued at $570 million, potentially leading to more capital diverted to investors through future buybacks. The company, which designs and manufactures turbochargers and electric boostin...
2023-07-17 06:00:00 ET Summary Garrett Motion stock might look massively undervalued, but my analysis suggests the discount is fair. The turbocharger industry is expected to grow slowly, and Garrett is in a substantial net debt position. The company faces risks such as vulnera...
2023-07-10 07:20:16 ET The automobile sector will see anxiety ramp up over the next two months as the expiration of the United Auto Workers labor contract with the Big Three Detroit automakers gets closer. The current collective bargaining agreement, which cover more than 150K employees, wi...
ROLLE, Switzerland, July 10, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a differentiated technology leader for the automotive industry, today announced it plans to issue financial results for the second quarter 2023 on Thursday, July 27, 2023 before the open of market tradin...
ZEELAND, Mich., June 30, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, is pleased to announce that it will release its second quarter 2023 financial results on Fr...
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ZEELAND, Mich., July 26, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and six months ended June 30, 2024. 2nd Qua...
2024-07-25 12:23:34 ET Autoparts manufacturer Garrett Motion (NASDAQ: GTX) reported mixed quarterly results and lowered full-year revenue guidance. Investors are slamming on the brakes, sending Garrett shares down 13% as of 11 a.m. ET. Garrett is a leading supplier of turbocharg...
Second Quarter 2024 Highlights Net sales totaled $890 million, down 12% on a reported basis and down 10% at constant currency* Net income totaled $64 million; Net income margin of 7.2% Adjusted EBITDA* totaled $150 million; Adjusted EBITDA margin* of 16.9% ...