Visteon (NYSE: VC ) reported earnings on May 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Visteon beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased. Non-GAAP earnings per share expanded significantly. GAAP earnings per share grew.
Margins grew across the board.
Revenue details
Visteon notched revenue of $1.86 billion. The three analysts polled by S&P Capital IQ wanted to see a top line of $1.74 billion on the same basis. GAAP reported sales were 8.1% higher than the prior-year quarter's $1.72 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
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