Visteon Corp VC swung to a loss in the first quarter.
Visteon posted a quarterly net loss attributable to the company of $29 million, or $0.56 per share, versus a year-ago profit of $39 million, or $0.75 per share. Its adjusted EBITDA fell to $150 million, versus $160 million, in the year-ago period.
Its revenue dropped 7% to $1.71 billion.
VC shares closed at $50.22 yesterday.
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