PHINIA Reports Q1 Results and Maintains Full-Year Guidance
PHINIA reported first-quarter net sales of $878 million (up 10.3% YoY) with an adjusted EBITDA margin of 13.1%. The company reiterated its full-year guidance for revenue between $3.5–$3.7 billion and maintained confidence despite near-term challenges in Fuel Systems mix from new program ramps.
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Topics: adjusted eps ebitda financial results guidance revenue growth