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The Latest Breaking News from Adient PLC

3 Auto Stocks Flashing "Buy" Signals

With the integration of advanced technologies driving the auto parts industry toward a promising future, three fundamentally sound auto stocks, Magna International (MGA), Adient plc (ADNT), and Genuine Parts Company (GPC), could be ideal portfolio additions now. Read on….

StockNews.com · Sep 7, 2023

Adient Clocks 10% Revenue Decline In Q1

Adient Clocks 10% Revenue Decline In Q1

Adient PLC (NYSE:ADNT) reported a first-quarter FY22 sales decline of 10% year-on-year, to $3.48 billion, beating the analyst consensus of $3.11 billion. The revenue decrease was driven by significantly lower global production volumes related to semiconductor and supply chain disruptions. The gross profit fell 49.3% Y/Y to $173 million. Adjusted EPS loss of…

Benzinga · Feb 4, 2022

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