Visteon: Third-quarter revenue beats expectations, while inventory buildup and rising costs weigh on cash flow
New product launches drove third-quarter revenue approximately 4% above expectations, but profit excluding warranty charges only broadly met expectations. Memory supply and cost pressures prompted the company to proactively build inventory, and it lowered its full-year free cash flow guidance from 170 million dollars to 110 million dollars.
J.P. Morgan ·