PHINIA Inc.

Earnings data Q2 2023

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PHINIA, Inc. engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency and reduce emissions in combustion and hybrid propulsion for commercial vehicles, industrial applications, and light vehicles. It operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, fuel delivery modules, canisters, sensors, electronic control modules, and associated software. The Aftermarket segment sells products to independent aftermarket customers and OES customers. Its product portfolio includes a wide range of solutions covering the fuel injection, starters, alternators, electronics, engine management, maintenance, test equipment, and vehicle diagnostics categories. The company was founded in 2023 and is headquartered in Auburn Hills, MI.

PHINIA Inc. (NYSE:PHIN ) Q3 2024 Results Conference Call October 31, 2024 8:30 AM ET Company Participants Kellen Ferris - Vice President of Investor Relations Brady Ericson - Chief Executive Officer Chris Gropp - Chief Financial Officer Conference Call Participants Jake Scholl - BNP Paribas Operator Good morning. My name is Audra, and I will be your conference operator today.

PHINIA Inc. (PHIN) Q3 2024 Earnings Call Transcript

Phinia (PHIN) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.53 per share a year ago.

Phinia (PHIN) Q3 Earnings Beat Estimates

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the third quarter ended September 30, 2024. Third Quarter Highlights: Net sales of $839 million, a decrease of 6.4% compared with Q3 2023. Lower Fuel Systems (FS) sales in Europe and China partially offset by strong Aftermarket segment sales in Europe led to lower net sales compared to Q3 2023. Excluding the effects of contra.

PHINIA Reports Third Quarter 2024 Results

Phinia (PHIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Phinia (PHIN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket parts, will report third quarter results on Thursday, October 31, 2024. PHINIA's earnings press release, earnings presentation and other materials will be available on the “Investors” section of PHINIA's website, PHINIA - Investor Relations. PHINIA will host a webcast to review third quarter 2024 results and take questions from the investment community at 8:30 AM.

PHINIA Inc. to Report Q3 2024 Earnings

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a global leader in premium fuel systems, electrical systems, and aftermarket products, today publishes its 2024/25 Emission Standards Booklet for heavy-duty and off-road vehicles, engines, and machinery. The only globally comprehensive guide of its kind, the Booklet helps vehicle and engine manufacturers and other industry professionals keep up to date with the complex and evolving emission standards landscape. First published in 1.

PHINIA Publishes Industry-Leading Guide to Global Emission Regulations

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, has launched the first electronically-controlled, low pressure common rail injection system for compact diesel engines used in off-highway applications with Kohler Engines. This partnership marks a significant step forward in industry efforts to improve fuel economy and comply with evolving emissions standards. The CR350 system is a common rail system t.

PHINIA launches first-to-market technology designed to reduce emissions and enhance fuel efficiency for Kohler small off-highway diesel engines

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (“PHINIA,” “we,” “our” or the “Company”) (NYSE: PHIN) announced today that it has priced its previously announced offering (the “Offering”) and has agreed to issue and sell $450 million aggregate principal amount of its unsecured 6.625% senior notes due 2032 (the “notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the.

PHINIA Announces Pricing of Private Offering of $450,000,000 of Senior Notes due 2032

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (“PHINIA,” “we,” “our” or the “Company”) (NYSE: PHIN) announced today that it is planning, subject to market and other customary conditions, to offer (the “Offering”) $400 million aggregate principal amount of its unsecured senior notes due 2032 (the “notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be guaranteed by each of the Company.

PHINIA Announces Proposed Private Offering of $400,000,000 of Senior Notes due 2032

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a global market-leading premium solutions and components provider, with over 100 years of manufacturing expertise and industry relationships and a strong brand portfolio that includes DELPHI®, DELCO REMY® and HARTRIDGETM. will present and host a question & answer session at Morgan Stanley's 12th Annual Laguna conference, in Dana Point, CA on September 12, 2024, at 2:00pm Pacific Time. PHINIA's presentation will be available on.

PHINIA Inc. to Present and Host 1x1's at Morgan Stanley's 12th Annual Laguna Conference

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today released its 2023 Sustainability Report, highlighting PHINIA's contributions to powering a better tomorrow. The report sets a benchmark for future progress across environmental, social, and governance initiatives, while emphasizing PHINIA's focus on driving long-term value for stakeholders. “We are proud to share our inaugural Sustainability Repo.

PHINIA Releases Inaugural Annual Sustainability Report

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.25 per common share, payable on September 13, 2024, to shareholders of record at the close of business on August 23, 2024. The Board of Directors also authorized a $250 million increase to its previously approved $150 millio.

PHINIA Board Declares Quarterly Dividend of $0.25 per Common Share and Authorizes $250 Million Increase to Share Repurchase Program

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket parts will present and host a question & answer session at J.P. Morgan's Auto conference, in New York City on August 7, 2024, at 11:05am Eastern Time. PHINIA's presentation and other materials will be available on the “Investors” section of PHINIA's website, PHINIA - Investor Relations. PHINIA's President and CEO Brady Ericson and CFO Chris Gropp will take par.

PHINIA Inc. to Present and Host 1x1's at J.P. Morgan's Auto Conference

PHINIA Inc. (NYSE:PHIN ) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Kellen Ferris - Vice President of Investor Relations Gordon Muir - Vice President and Treasurer Brady Ericson - Chief Executive Officer Chris Gropp - Chief Financial Officer Conference Call Participants Jake Scholl - BNP Paribas Exane Adam Jonas - Morgan Stanley Daniel S - Barclays Drew Estes - Banyan Capital Management Inc Operator My name is Ian, and I will be your conference operator today. At this time, I would like to welcome everyone to the Phinia Q2 2024 Earnings Call [Operator Instructions] I will now hand the call over to Kellen Ferris, Vice President of Investor Relations.

PHINIA Inc. (PHIN) Q2 2024 Earnings Call Transcript

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the second quarter ended June 30, 2024. Second Quarter Highlights: Net sales of $868 million, a decrease of 2.1% compared with Q2 2023. Excluding $5 million of contract manufacturing sales, sales were down slightly compared to Q2 2023. Lower commercial vehicle (CV) sales in Europe and light vehicle (LV) sales in China were pa.

PHINIA Reports Second Quarter 2024 Results

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket parts, today announced that the Company was added as a member of the US small-cap Russell 2000 Index, effective as of US market open on July 1, as part of the 2024 Russell Index's reconstitution. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data a.

PHINIA added to membership of US small-cap Russell 2000® Index

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today announced that its Board of Directors has elected Meggan M. Walsh to the Board, effective July 1, 2024. Ms. Walsh's Board committee appointment will be approved by the Board at a later date. Ms. Walsh, 60, most recently served as a Senior Portfolio Manager and Head, Dividend Value with Invesco Ltd., a global independent.

PHINIA Elects Meggan M. Walsh to Board of Directors

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket parts will report second quarter results on Tuesday, July 30, 2024. PHINIA's earnings press release, earnings presentation and other materials will be available on the “Investors” section of PHINIA's website, PHINIA - Investor Relations. PHINIA will host a webcast to review second quarter 2024 results and take questions from the investment community at 8:30 AM Eas.

PHINIA Inc. to Report Q2 2024 Earnings

PHINIA has outperformed its auto supplier peers and the S&P 500 since its debut, with the shares getting a boost from the Street rotating away from EV-driven names. The company's leverage to fuel injection technology, specifically gasoline direct injection, diesel injection, and alternative fuel injection, is worth more than the share price reflects. ICE-powered vehicles will likely remain a significant opportunity for another 15-20 years, and PHINIA has opportunities for profitable share growth and market entry/expansion.

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AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.25 per common share, payable on June 14, 2024, to shareholders of record at the close of business on May 24, 2024. About PHINIA PHINIA is an independent, market-leading, premium solutions and components provider with over 10.

PHINIA Declares Quarterly Dividend of $0.25 per Common Share

PHINIA Inc. (NYSE:PHIN ) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Gordon Muir - Vice President and Treasurer Brady Ericson - Chief Executive Officer Chris Gropp - Chief Financial Officer Conference Call Participants Jake Scholl - BNP Paribas Exane Operator Thank you for standing by, and welcome to the Phinia Q1 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.

PHINIA Inc. (PHIN) Q1 2024 Earnings Call Transcript

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023. Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle s.

PHINIA Reports Strong First Quarter 2024 Results and Reaffirms 2024 Outlook

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket parts, will report first quarter 2024 results on Thursday, April 25, 2024. PHINIA's earnings press release, earnings presentation and other materials will be available on the “Investors” section of PHINIA's website, PHINIA - Investor Relations. PHINIA will host a webcast to review first quarter 2024 results and take questions from the investment community at 8:30.

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