Brief: Phinia Reports Strong Second Quarter 2023 Results And Reaffirms Full Year Guidance

PHINIA

07/08/2023 16:00

Aug 7 (Reuters) - Phinia Inc  PHIN.N :
    * PHINIA INC Q2 SALES ROSE 11.4 PERCENT TO $887.0 MILLION
    * PHINIA REPORTS STRONG SECOND QUARTER 2023 RESULTS AND
REAFFIRMS
FULL YEAR GUIDANCE
    * PHINIA INC - AFFIRMING 2023 FULL YEAR GUIDANCE, WITH
EXPECTED
SALES OF $3.50 BILLION TO $3.60 BILLION AND ADJUSTED SALES OF
$3.45 BILLION TO $3.55 BILLION
    * PHINIA INC SAYS EXPECTS FULL YEAR ADJUSTED EBITDA OF $485
MILLION TO $505 MILLION, AND ADJUSTED EBITDA MARGINS OF 13.8% -
14.3%

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