Visteon Q3 net income falls to $39 million as sales slip to $980 million
Visteon reported third-quarter 2024 sales of $980 million, down from $1,014 million a year earlier, and net income attributable to the company of $39 million, down from $66 million. The company also updated its full-year 2024 guidance, projecting sales of $3.85 billion to $3.90 billion and adjusted EBITDA of $465 million to $480 million, which gives shareholders a lower near-term profit picture than the prior year's quarter.
Key points
- Q3 net sales were $980 million versus $1,014 million in Q3 2023
- Diluted EPS was $1.40 versus $2.32; adjusted EPS was $2.26 versus $2.35
- Adjusted EBITDA was $119 million versus $128 million; restructuring expense of $28 million in the quarter
- Full-year 2024 guidance: sales $3.85 billion to $3.90 billion, adjusted EBITDA $465 million to $480 million, adjusted free cash flow $165 million to $185 million; the filing does not state prior guidance
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits 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 October 24, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.