Adient reports Q3 financial results; provides update to FY24 outlook
Adient(ADNT) Prnewswire·2024-08-06 18:50
PLYMOUTH, Mich., Aug. 6, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2024 financial results.Q3 GAAP net loss and EPS diluted of (0.12), respectively; Q3 Adj.-EPS diluted of 202M — quarterly results impacted by lower customer productionGross debt and net debt totaled ~1.6B, respectively, at June 30, 2024; cash and cash equivalents of $890M at June 30, 2024Generated free cash flow (operating ...