Garrett Motion Q3 net income rises 26% to $97 million; Q3 net sales climb to $930 million
Bitget2026/10/29 10:56- Garrett Motion’s third-quarter 2026 net income jumped 26% year over year to $97 million.
- Net sales rose to $930 million, while net cash provided by operating activities climbed 35% to $135 million.
- A new share repurchase program authorizes up to $250 million of common stock buybacks for calendar 2027.
- E-Powertrain and E-Cooling compressor remain on track to start production in 2027.
- Full-year 2026 guidance projects net income of $337 million-$352 million and net sales of $3.75 billion-$3.85 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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