Visteon Announces 2023 Financial Results and 2024 Outlook
VAN BUREN TOWNSHIP, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2023 financial results.
- VAN BUREN TOWNSHIP, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2023 financial results.
- Gross margin in the fourth quarter was $130 million, and net income attributable to Visteon was $366 million, or $12.98 per diluted share.
- Visteon repurchased $106 million of shares during 2023 under the $300 million share repurchase authorization announced in March 2023.
- "Visteon delivered another strong performance in 2023 with approximately $400 million of growth in our base sales.