PHINIA Reports Q3 Earnings with EPS Beat and Revenue Miss
PHINIA reported third-quarter financial results characterized by a beat on earnings per share but a miss on top-line revenue. The company achieved a Non-GAAP EPS of $1.83, exceeding analyst expectations by $0.15. However, quarterly revenue reached $912 million, representing a marginal year-over-year increase of 0.4% and falling short of estimates by approximately $16.21 million. On the profitability front, PHINIA saw an improvement in adjusted EBITDA, which rose to $135 million. This resulted in an adjusted EBITDA margin of 14.8%, a 20 basis point increase compared to the previous year. The company also provided updates regarding its fiscal year 2026 outlook.
Tickers: $PHIN
Topics: earnings beat EBITDA growth revenue miss