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Stock impact report

Garrett Motion Reports Third Quarter 2021 Financial Results

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
Third Quarter 2021 Highlights Reported net sales totaled $839 million, up 2.2% at constant currency*Net income available to common shareholders totaled $27 million; Adjusted net income* was $65 millionAdjusted EBITDA* increased to $134 million; Adjusted EBITDA margin* improved to 16.0%Net cash used for operating activities totaled ($55) millionAdjusted free cash flow* totaled $(63) million Year-to-Date 2021 Highlights Net sales totaled $2,771 million, up 29.7% at constant currency*Net income available to common shareholders totaled $307 million; Adjusted net income* was $253 millionAdjusted EBITDA* increased to $478 million; Adjusted EBITDA margin* improved to 17.3%Net cash used for operating activities totaled ($446) millionAdjusted free cash flow* totaled $195 million ROLLE, Switzerland, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated technology provider for the automotive industry, today announced its financial results for the qua Show less Read more
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