Visteon Q2 net income rises to $71 million; updates 2024 guidance
Visteon reported second quarter 2024 net sales of $1,014 million, up from $983 million a year earlier, and net income attributable to the company of $71 million, up from $20 million. The company updated its full-year 2024 guidance, citing lower customer vehicle production in the second half and market dynamics in China, which signals a more cautious outlook for shareholders.
Key points
- Q2 diluted EPS was $2.54, compared with $0.70 in the prior-year quarter.
- Adjusted EBITDA was a record $136 million, up from $90 million, with a margin of 13.4% of sales.
- Full-year 2024 guidance: sales of $3.85 billion to $3.95 billion and adjusted EBITDA of $455 million to $475 million.
- Adjusted free cash flow guidance of $155 million to $185 million was maintained.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.