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Garrett Motion Converts Series A Preferred Stock Into Common Stock
ROLLE, Switzerland, June 13, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a differentiated technology leader for the automotive industry, announced today the conversion of the Company’s Series A Preferred Stock into a single class of Common Stock, simplifying the Company’s capital
June 13, 2023
Garrett Motion Reports First Quarter 2023 Financial Results
First Quarter 2023 Highlights Net sales totaled $970 million, up 8% on a reported basis, up 13% at constant currency* Net income totaled $81 million; Net income margin 8.4% Adjusted EBITDA* totaled $168 million; Adjusted EBITDA margin* of 17.3% Net cash provided by operating activities totaled
April 24, 2023
Garrett Motion Declares a Cash Dividend on Series A Preferred Stock
ROLLE, Switzerland, March 08, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP) , a leading differentiated automotive technology provider, today announced that the first quarter dividend for the Series A 11% PIK Preferred Stock will be made in cash and is in lieu of allowing the
March 8, 2023
Garrett Motion Reports Fourth Quarter 2022 Financial Results
Fourth Quarter 2022 Highlights Reported net sales totaled $898 million, up 4% on a GAAP basis, up 15% at constant currency* Net income totaled $112 million; Net income margin 12.5% Adjusted EBITDA* totaled $140 million; Adjusted EBITDA margin* of 15.6% Net cash provided by operating activities
February 14, 2023
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