Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Outlook
Garrett Motion Inc. (GTX)
Last garrett motion inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
Third Quarter 2024 Financial Highlights Net sales totaled $826 million, down 14% on a reported and constant currency* basisNet income totaled $52 million; Net income margin of 6.3%Adjusted EBITDA* totaled $144 million; Adjusted EBITDA margin* of 17.4%Net cash provided by operating activities totaled $67 millionAdjusted free cash flow* totaled $71 million Third Quarter 2024 Business Highlights Won new marine and auxiliary power awards for our largest turbocharger with start of production in 2026Entered into a partnership with SinoTruk to co-develop e-powertrain systems for light and heavy trucks by 2027Recognized with the 2024 Stellantis Innovation Award for our differentiated zero-emission technologies ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced its financial results for the three and nine m
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News
- Optimism for Garrett Motion (NASDAQ:GTX) has grown this past week, despite three-year decline in earnings [Yahoo! Finance]Yahoo! Finance
- Garrett Motion to Boost Shareholder Value Via Dividend & Buybacks [Yahoo! Finance]Yahoo! Finance
- Garrett Motion Inc. (GTX): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Garrett Motion Announces Long-Term Capital Allocation Framework, Including New Quarterly Dividend and $250M Share Repurchase Program for 2025GlobeNewswire
- Garrett Motion Inc. (GTX): This Small-Cap Stock Is Ready To Explode [Yahoo! Finance]Yahoo! Finance
GTX
Earnings
- 10/24/24 - Miss
GTX
Sec Filings
- 12/17/24 - Form SC
- 12/17/24 - Form 4
- 11/19/24 - Form 144
- GTX's page on the SEC website