GTX earnings
Garrett Motion Inc. (GTX) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 OutlookFirst Quarter 2026 Financial Highlights Net sales totaled $985 million, up 12% on a reported basis and 6% on a constant currency* basis vs prior year, driven by share of demand gains in passenger vehicles and strong performance in commercial vehicle off-highway and industrialNet income totaled $95 million; Net income margin of 9.6%Adjusted EBIT* totaled $151 million; Adjusted EBIT margin* of 15.3%Net cash provided by operating activities totaled $98 millionAdjusted free cash flow* totaled $49 millionRaising 2026 full-year outlook First Quarter 2026 Business Highlights Secured several new light vehicle turbo programs, including an additional award for range extended electric vehicles Won a
- Garrett Motion to Hold First Quarter 2026 Financial Results Conference Call on Thursday April 30, 2026PLYMOUTH, Mich. and ROLLE, Switzerland, April 10, 2026 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a global leader in differentiated turbocharging and electrification technologies, today announced that it will publish its first‑quarter financial results on Thursday, April 30, 2026, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EST / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 3761849. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting ma
- Garrett Motion Reports Strong 2025 Results and Expansion of Zero-Emission and Industrial Technology Portfolio, Issues 2026 OutlookFourth Quarter 2025 Financial Highlights Net sales totaled $891 million, up 6% on a reported basis, up 1% at constant currency*Net income totaled $84 million; Net income margin 9.4%Adjusted EBIT* totaled $122 million; Adjusted EBIT margin* 13.7%Net cash provided by operating activities totaled $99 millionAdjusted free cash flow* totaled $139 million Full Year 2025 Financial Highlights Net sales totaled $3,584 million, up 3% on a reported basis, up 1% at constant currency*Net income totaled $310 million; Net income margin 8.6%Adjusted EBIT* totaled $510 million; Adjusted EBIT margin* 14.2%Net cash provided by operating activities totaled $413 millionAdjusted free cash flow* totaled $403 mi
- Garrett Motion to Hold Fourth Quarter 2025 Financial Results Conference Call on Thursday February 19, 2026PLYMOUTH, Mich. and ROLLE, Switzerland, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced that it will publish its fourth‑quarter financial results on Thursday, February 19, 2026, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EST / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 6448327. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting materials, please visit
- Garrett Motion Reports Third Quarter 2025 Financial Results, Raises Midpoint Outlook, Increases Dividend, Executes Partial Debt RepaymentThird Quarter 2025 Financial Highlights Net sales totaled $902 million, up 9% on a reported basis and 6% on a constant currency* basis vs prior yearNet income totaled $77 million; Net income margin of 8.5%Adjusted EBIT* totaled $133 million; Adjusted EBIT margin* of 14.7%Net cash provided by operating activities totaled $100 millionAdjusted free cash flow* totaled $107 millionRaised 2025 midpoint outlook reflecting strong performance and improved second half automotive industry outlook Third Quarter 2025 Business Highlights Secured several new light vehicle turbo programs, including an additional award for range extended electric vehicles Multiple commercial vehicle & industrial awards in
- Garrett Motion to Hold Third Quarter 2025 Financial Results Conference Call on Thursday October 23, 2025PLYMOUTH, Mich. and ROLLE, Switzerland, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading provider of differentiated automotive technology, today announced that it plans to release its third quarter financial results on Thursday, October 23, 2025, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 7666720. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting materials, please v
- Garrett Motion Reports Second Quarter 2025 Financial Results; Raises Full Year OutlookSecond Quarter 2025 Financial Highlights Net sales totaled $913 million, up 3% on a reported basis and flat on a constant currency* basisNet income totaled $87 million; Net income margin of 9.5%Adjusted EBIT* totaled $124 million; Adjusted EBIT margin* of 13.6%Net cash provided by operating activities totaled $158 millionAdjusted free cash flow* totaled $121 millionRaised full-year 2025 outlook to reflect favorable foreign currency impacts Second Quarter 2025 Business Highlights Awarded more than $1 billion in light vehicle turbo program extensions Won several awards with local and global OEMs for commercial vehicles and industrial power generation applicationsAchieved new milestones in o
- Garrett Motion to Hold Second Quarter 2025 Financial Results Conference Call on Thursday July 24, 2025PLYMOUTH, Mich. and ROLLE, Switzerland, July 10, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading provider of differentiated automotive technology, today announced that it plans to release its second quarter financial results on Thursday, July 24, 2025, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 6412693. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting materials, please vis
- Garrett Motion Reports First Quarter 2025 Financial Results; Wins First Major Series Production Award For Electric MotorsFirst Quarter 2025 Financial Highlights Net sales totaled $878 million, down 4% on a reported basis and down 2% on a constant currency* basisNet income totaled $62 million; Net income margin of 7.1%Adjusted EBIT* totaled $131 million; Adjusted EBIT margin* of 14.9%Net cash provided by operating activities totaled $56 millionAdjusted free cash flow* totaled $36 millionReiterating full-year outlook First Quarter 2025 Business Highlights Continue to win across all turbo, plug-in hybrids and range extended electric vehicle applications Secured new wins in Asia and Europe for commercial vehicles and industrial power generation applications Won first major series production award fo
- Garrett Motion to Hold First Quarter 2025 Financial Results Conference Call on Thursday May 01, 2025PLYMOUTH, Mich. and ROLLE, Switzerland, April 16, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading provider of differentiated automotive technology, today announced that it plans to release its first quarter financial results on Thursday, May 01, 2025, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 2829687. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting materials, please
- Garrett Motion Delivers Strong 2024 Financial Performance, Issues 2025 OutlookFourth Quarter 2024 Financial Highlights Net sales totaled $844 million, down 11% on a reported basis, down 10% at constant currency*Net income totaled $100 million; Net income margin 11.8%Adjusted EBITDA* totaled $153 million; Adjusted EBITDA margin* of 18.1%Net cash provided by operating activities totaled $131 millionAdjusted free cash flow* totaled $157 million Full Year 2024 Financial Highlights Net sales totaled $3,475 million, down 11% on a reported basis, down 10% at constant currency*Net income totaled $282 million; Net income margin 8.1%Adjusted EBITDA* totaled $598 millio
- Garrett Motion to Hold Fourth Quarter 2024 Financial Results Conference Call on Thursday February 20, 2025PLYMOUTH, Mich. and ROLLE, Switzerland, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading provider of differentiated automotive technology, today announced that it plans to release its fourth quarter financial results on Thursday, February 20, 2025, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 8581315. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting materials, pl
- Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 OutlookThird 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 different
- Garrett Motion to Hold Third Quarter 2024 Financial Results Conference Call on Thursday October 24, 2024ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results for the third quarter 2024 on Thursday, October 24, 2024, before the open of market trading in the United States. Garrett will hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 4470754. The conference call will also be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, please
- Garrett Motion Reports Second Quarter 2024 Financial Results; Updates Full Year 2024 OutlookSecond Quarter 2024 Highlights Net sales totaled $890 million, down 12% on a reported basis and down 10% at constant currency*Net income totaled $64 million; Net income margin of 7.2%Adjusted EBITDA* totaled $150 million; Adjusted EBITDA margin* of 16.9%Net cash provided by operating activities totaled $126 millionAdjusted free cash flow* totaled $62 millionRepurchased $65 million of Common Stock Updated Full Year 2024 Outlook Net sales of $3,570 millionNet income of $275 million; Net income margin of 7.7%Adjusted EBITDA* of $608 million; Adjusted EBITDA margin* of 17.0%Net cash provided by operating activities of $405 millionAdjusted free cash flow* of $350 million ROLLE, Switzerland an
- Garrett Motion to Hold Second Quarter 2024 Financial Results Conference Call on Thursday July 25, 2024ROLLE, Switzerland, July 11, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results for the second quarter 2024 on Thursday, July 25, 2024, before the open of market trading. Garrett will hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 4523182. The conference call also will be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, please visit the investor relations section of
- Garrett Motion Reports First Quarter 2024 Financial ResultsFirst Quarter 2024 Highlights Net sales totaled $915 million, down 6% on a reported basis and 5% at constant currency*Net income totaled $66 million; Net income margin 7.2%Adjusted EBITDA* totaled $151 million; Adjusted EBITDA margin* of 16.5%Net cash provided by operating activities totaled $84 millionAdjusted free cash flow* totaled $68 millionRepurchased $109 million of Common Stock Reiterated Full Year 2024 Outlook Net sales of $3,870 million, flat on a reported and constant currency basis*Net income of $253 million; Net income margin 6.5%Adjusted EBITDA* of $620 million; Adjusted EBITDA margin* of 16.0%Net cash provided by operating activities of $420 millionAdjusted free cash flow*
- Garrett Motion to Hold First Quarter 2024 Financial Results Conference Call on Thursday April 25, 2024ROLLE, Switzerland, April 11, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results for the first quarter 2024 on Thursday, April 25, 2024, before the open of market trading. Garrett will hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 1134891. The conference call also will be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, please visit the investor relations s
- Garrett Motion Delivers Strong 2023, Issues 2024 Outlook, Authorizes New $350M Share Repurchase ProgramFourth Quarter 2023 Highlights Net sales totaled $945 million, up 5% on a reported basis, up 3% at constant currency*Net income totaled $52 million; Net income margin 5.5%Adjusted EBITDA* totaled $145 million; Adjusted EBITDA margin* of 15.3%Net cash provided by operating activities totaled $135 millionAdjusted free cash flow* totaled $137 millionRepurchased $35 million of Common Stock Full Year 2023 Highlights Net sales totaled $3,886 million, up 8% on a reported basis, up 8% at constant currency*Net income totaled $261 million; Net income margin 6.7%Adjusted EBITDA* totaled $635 million; Adjusted EBITDA margin* of 16.3%Net cash provided by operating activities totaled $465 millionAdjust
- Garrett Motion to Hold Fourth Quarter and Full Year 2023 Financial Results Conference Call on Thursday February 15, 2024ROLLE, Switzerland, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results for the fourth quarter and full year 2023 on Thursday, February 15, 2024 before the open of market trading. Garrett will hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 2659811. The conference call also will be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, please visit the investor relatio
- Garrett Motion Reports Third Quarter 2023 Financial Results, Awarded Two Additional E-Cooling Pre-Developments, Debuts the GT80, Garrett's Largest Turbo for Industrial CustomersThird Quarter 2023 Highlights Net sales totaled $960 million, up 2% on a reported basis, down 1% at constant currency*Net income totaled $57 million; Net income margin 5.9%Adjusted EBITDA* totaled $152 million; Adjusted EBITDA margin* of 15.8%Net cash provided by operating activities totaled $74 millionAdjusted free cash flow* totaled $57 millionEarly debt repayment of $200 millionRepurchased $161 million of Common StockUpgraded by S&P to BB- rating, with stable outlookRevised and narrowed 2023 outlook range for currency headwinds ROLLE, Switzerland, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announce
- Garrett Motion to Hold Third Quarter 2023 Financial Results Conference Call on Tuesday October 24, 2023ROLLE, Switzerland, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results for the third quarter 2023 on Tuesday, October 24, 2023 before the open of market trading. Garrett will also hold a conference call the same day at 8:00 am EDT / 2:00 pm CET. To participate on the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 1022468. The conference call will also be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, please visit the investor relations section
- Garrett Motion Reports Strong Second Quarter 2023 Financial Results, Raises Full Year Outlook, and Planning Partial Debt RepaymentSecond Quarter 2023 Highlights Net sales totaled $1,011 million, up 18% on a reported basis, up 19% at constant currency*Net income totaled $71 million; Net income margin 7.0%Adjusted EBITDA* totaled $170 million; Adjusted EBITDA margin* of 16.8%Net cash provided by operating activities totaled $164 millionAdjusted free cash flow* totaled $140 millionExpected Q3 early debt repayment for $200 millionRaising outlook for 2023 ROLLE, Switzerland, July 27, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced its financial results for the quarter and six months ended June 30, 2023. $ millions (unless otherwise noted
- Garrett Motion to Hold Second Quarter 2023 Financial Results Conference Call on Thursday July 27, 2023ROLLE, Switzerland, July 10, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a differentiated technology leader for the automotive industry, today announced it plans to issue financial results for the second quarter 2023 on Thursday, July 27, 2023 before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate on the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 1236546. The conference call will also be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, please visit the investor relations sec
- Garrett Motion Reports First Quarter 2023 Financial ResultsFirst Quarter 2023 Highlights Net sales totaled $970 million, up 8% on a reported basis, up 13% at constant currency*Net income totaled $81 million; Net income margin 8.4%Adjusted EBITDA* totaled $168 million; Adjusted EBITDA margin* of 17.3%Net cash provided by operating activities totaled $92 millionAdjusted free cash flow* totaled $88 millionReaffirmed outlook for 2023 ROLLE, Switzerland, April 24, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a differentiated technology leader for the automotive industry, today announced its financial results for the quarter ended March 31, 2023. $ millions (unless otherwise noted) Q1 2023 Q1 2022Net sales 970 901Cost of goods s
- Garrett Motion Announces Preliminary Results for First Quarter 2023 and Increases 2023 OutlookROLLE, Switzerland, April 17, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced strong preliminary results for first quarter 2023, including year-over-year net sales, net income, adjusted EBITDA, cash flow from operations and adjusted free cash flow. The Company also released its full year financial outlook, including increased forecasts for fiscal year 2023 net sales, net income, cash flow from operations, adjusted EBITDA, and adjusted free cash flow. The Company will announce its first quarter results in full before markets open on April 24, 2023. "Our strong
- Garrett Motion Reaches Agreements with Centerbridge and Oaktree to Transform Capital StructureSeries A Preferred Stock amended to automatically convert into Common Stock on or about July 3, 2023Conversion would result in a single class of Common Stock with greater liquidity and a multi-billion dollar equity market capitalizationEliminates 11% Series A Preferred dividend, providing over $100 million in annual net cash flow benefits Repurchase of $570 million of Series A Preferred Shares from Centerbridge and OaktreeBoard authorizes increase in general stock buyback program to $250 millionCenterbridge and Oaktree will reduce their governance rights and lock up their remaining shares, while remaining the company's largest shareholders and maintaining one board seat each ROLLE, Switzerl
- Garrett Motion Expects 2023 Financial Results in the Upper End of its Prior Outlook and Will Hold its First Quarter Conference Call on Monday April 24, 2023Stronger volumes, robust operational performance, and favorable foreign exchange driving better than expected financial results year to date; full-year net income and Adjusted EBITDA currently forecasted to be at upper end of prior outlookGarrett on track to satisfy the Consolidated EBITDA conversion threshold in its Series A preferred stock in 2023, potentially as early as Q2 2023Automatic conversion of Series A preferred stock would still require 75-day volume-weighted average price (VWAP) of greater than $7.875 per share of common stock ROLLE, Switzerland, April 04, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the
- Garrett Motion Reports Fourth Quarter 2022 Financial ResultsFourth Quarter 2022 Highlights Reported net sales totaled $898 million, up 4% on a GAAP basis, up 15% at constant currency*Net income totaled $112 million; Net income margin 12.5%Adjusted EBITDA* totaled $140 million; Adjusted EBITDA margin* of 15.6%Net cash provided by operating activities totaled $137 millionAdjusted free cash flow* totaled $132 million YTD 2022 Highlights Net sales totaled $3,603 million, down 1% on a GAAP basis, up 8% at constant currency*Net income totaled $390 million; Net Income Margin 10.8%Adjusted EBITDA* was $570 million; Adjusted EBITDA margin* was 15.8%Net cash provided by operating activities totaled $375 millionAdjusted free cash flow* totaled $313 million D
- Garrett Motion to Hold Fourth Quarter and Full Year 2022 Financial Results Conference Call on Tuesday February 14, 2023ROLLE, Switzerland, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the fourth quarter and full year 2022 on Tuesday, February 14, 2023 before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate on the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 9759644. The conference call will also be broadcast over the internet and include a slide presentation. To access the webcast and supporting material, ple
- Garrett Motion Reports Third Quarter 2022 Financial ResultsThird Quarter 2022 Highlights Reported net sales totaled $945 million, up 13% on a GAAP basis, up 25% at constant currency*Net income totaled $105 million; Net income margin 11.1%Adjusted EBITDA* totaled $146 million; Adjusted EBITDA margin* of 15.4%Net cash provided by operating activities totaled $61 millionAdjusted free cash flow* totaled $120 millionRevised full year 2022 outlook YTD 2022 Highlights Net sales totaled $2,705 million, down 2% on a GAAP basis, up 5% at constant currency*Net income totaled $278 million; Net Income Margin 10.3%Adjusted EBITDA* was $430 million; Adjusted EBITDA margin* was 15.9%Net cash provided by operating activities totaled $238 millionAdjusted free cash
- Garrett Motion to Hold Third Quarter 2022 Results Conference Call on Wednesday October 26, 2022ROLLE, Switzerland, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the third quarter 2022 on Wednesday, October 26, 2022, before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To view the press release, presentation and SEC filings or to listen to the webcast, please visit the Investor Relations section of our website at www.garrettmotion.com. For listeners who wish to participate in the question and answer session via telephone, please pre-register here: Garrett
- Garrett Motion Reports Second Quarter 2022 Financial ResultsSecond Quarter 2022 Highlights Reported net sales totaled $859 million, down 8% on a GAAP basis, flat at constant currency*Net income totaled $85 million; Net income margin 9.9%Adjusted EBITDA* totaled $138 million; Adjusted EBITDA margin* of 16.1%Net cash used for operating activities totaled $104 millionAdjusted free cash flow* totaled $23 millionCompleted $212 million in prepayments resulting in full redemption of Series B preferred stockUpdated full year 2022 outlook for higher production offset by weaker euro First Half 2022 Highlights Net sales totaled $1,760 million, down 9% on a GAAP basis, down 3% at constant currency*Net income totaled $173 million; Net Income Margin 9.
- Garrett Motion to Hold Second Quarter 2022 Financial Results Conference Call on Thursday July 28, 2022ROLLE, Switzerland, July 14, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the second quarter of 2022 on Thursday, July 28, 2022 before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am EDT / 3:30 pm CET. To view the press release, presentation and SEC filings or to listen to the webcast, please visit the Investor Relations section of our website at www.garrettmotion.com. For listeners who wish to participate in the question and answer session via telephone, please pre-register here: Garrett Q2 C
- Garrett Motion Reports First Quarter 2022 Financial ResultsFirst Quarter 2022 Highlights Reported net sales totaled $901 million, down 10% on a GAAP basis and down 6% at constant currency*Net income totaled $88 million; Net income margin 9.8%Adjusted EBITDA* totaled $146 million; Adjusted EBITDA margin* 16.2%Net cash provided by operating activities totaled $73 million Adjusted free cash flow* totaled $38 million Updated 2022 outlook for global auto production volumes and foreign exchange rates ROLLE, Switzerland, April 28, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced its financial results for the quarter e
- Garrett Motion to Hold First Quarter 2022 Financial Results Conference Call on Thursday April 28, 2022ROLLE, Switzerland, April 18, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the first quarter 2022 on Thursday, April 28, 2022 before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am Eastern Time / 2:30 pm Central European Time. To participate on the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the access code: 7292007. The conference call will also be broadcast over the Internet and include a slide presentation. To access the webcast and supporting
- Garrett Motion Reports Fourth Quarter and Full Year 2021 Financial ResultsFourth Quarter 2021 Highlights Reported net sales totaled $862 million, down 14% on a GAAP basis and 13% at constant currency*Net income totaled $128 million; Adjusted net income* was $78 millionAdjusted EBITDA* totaled $129 million; Adjusted EBITDA margin* improved to 15.0%Net cash provided by operating activities totaled $136 millionAdjusted free cash flow* totaled $151 million; Adjusted free cash flow conversion rate* was 194% Full Year 2021 Highlights Net sales totaled $3,633 million, up 20% on a GAAP basis and 15% at constant currency*Net income totaled $495 million; Adjusted net income* was $331 millionAdjusted EBITDA* increased 38% to $607 million; Adjusted EBITDA margin* improved
- Garrett Motion to Hold Fourth Quarter and Full Year 2021 Financial Results Conference Call on Monday, February 14ROLLE, Switzerland, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the fourth quarter and full year of 2021 for the twelve months ended December 31, 2021 on Monday, February 14, 2022 before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am Eastern Time / 2:30 pm Central European Time. To participate on the conference call, please dial +1-833-797-0899 (US) or +1-409-937-8894 (international) and use the access code: 9557707. The conference call will also be broadcast over the Internet and in
- Garrett Motion Reports Third Quarter 2021 Financial ResultsThird Quarter 2021 Highlights Reported net sales totaled $839 million, up 2.2% at constant currency*Net income available to common shareholders totaled $27 million; Adjusted net income* was $65 millionAdjusted EBITDA* increased to $134 million; Adjusted EBITDA margin* improved to 16.0%Net cash used for operating activities totaled ($55) millionAdjusted free cash flow* totaled $(63) million Year-to-Date 2021 Highlights Net sales totaled $2,771 million, up 29.7% at constant currency*Net income available to common shareholders totaled $307 million; Adjusted net income* was $253 millionAdjusted EBITDA* increased to $478 million; Adjusted EBITDA margin* improved to 17.3%Net cash used for opera
- Garrett Motion to Hold Third Quarter 2021 Conference Call on Thursday, October 28ROLLE, Switzerland, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the third quarter and nine months ended September 30, 2021 on Thursday, October 28, 2021 before the open of market trading. Garrett will also hold a conference call the same day at 8:30 am Eastern Time / 2:30 pm Central European Time. To participate on the conference call, please dial +1-833-797-0899 (US) or +1-409-937-8894 (international) and use the access code: 1935489. The conference call will also be broadcast over the Internet and include a slide presentation. To acces
- Garrett Motion Supplies Custom Turbos for Global Manufacturer's Launch of New Off-Highway Commercial Vehicle LineupROLLE, Switzerland--(BUSINESS WIRE)--Garrett Motion Inc., a leading differentiated technology provider for the automotive industry, today announced its advanced turbocharging technologies have been deployed in support of a recent launch by a global manufacturer of harvesters, combines, excavators and other agricultural equipment. “Our custom single- and two-stage turbo applications successfully address three critical pain points for this global customer,” said Garrett Vice President and General Manager of Commercial Vehicles Aileen McDowall. “First, we helped to increase total vehicle fuel efficiency by 20% in an important use case where our new bosting architecture gave the vehi