UPDATE: Visteon Posts Lower Q3 Profit

Visteon (NYSE: VC) posted a drop in its third-quarter profit.

Visteon's quarterly profit fell to $15 million, or $0.28 per share, from $41 million, or $0.79 per share, in the year-earlier period.

Its revenue declined 15% to $1.62 billion.

Visteon shares closed at $44.10 yesterday.

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