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Garrett Motion (NASDAQ:GTX): Q2 GAAP EPS of $1.73. Revenue of $935M (+96.0% Y/Y) Adjusted EBITDA increased to $168 million; Adjusted EBITDA margin improved to 18.0% Full Year 2021 Outlook: Net sales $3.70 billion to $3.90 billion; Adjusted EBITDA (Non-GAAP) $590 million to...
Second Quarter 2021 Highlights Reported net sales totaled $935 million, up 82.6% at constant currency* Net income available to common shareholders totaled $385 million; Adjusted net income* was $90 million Adjusted EBITDA* increased to $168 million; Adjuste...
ROLLE, Switzerland, July 16, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the second quarter and six months ended June 30, 2021 on Thursday, ...
Garrett Motion (GTX) plans to expand and modernize its existing production facility in Wuhan, China to meet increasing customer demand. The expansion will increase the size of the state-of-the-art facility by approximately 50% and is scheduled for completion in the first quarter of 2022. Oliv...
ROLLE, Switzerland, June 07, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated technology provider for the automotive industry, announced today it plans to expand and modernize its existing production facility in Wuhan, China to meet increasing custom...
Creative Realities (CREX) +34%.Virgin Galactic Holdings (SPCE) +19% after successful weekend space flight.Strongbridge Biopharma (SBBP) +15% after being acquired by Xeris Pharma.Jiuzi Holdings (JZXN) +9%.Aptorum Group Limited (APM) +9% on positive interim phase I clinical trial...
Seth Klarman’s 13F portfolio value increased from $10.84B to $12.56B this quarter. Baupost Group increased Alphabet and Intel while reducing Fox Corp and dropping ViacomCBS. They also built small stakes in several SPACs. The portfolio continues to be heavily concentrated wi...
The last year has been messy for Garrett. The company filed for bankruptcy in order to extricate themselves from some legacy Honeywell liabilities. Now, the company has emerged with a convoluted cap structure and almost no analyst coverage. But Chris McIntyre sees value in the...
Artificial Intelligence systems (AI) will soon be improving lives at a level once found only in science fiction. These are autonomous machines/systems that do not need the help of an operator. This is ushering in a new age, the age of AI. With all the benefits that are gained from using them. ...
Garrett Motion Inc. (Nasdaq: GTX) announced today its common stock has commenced trading on the Nasdaq Global Select Market, which has the highest listing standards at the exchange, under the ticker symbol “GTX.” This press release features multimedia. View the ful...
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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% ...