Garrett Motion Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 960 million compared to USD 945 million a year ago. Net income was USD 57 million compared to USD 105 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.21 a year ago.
For the nine months, sales was USD 2,941 million compared to USD 2,705 million a year ago. Net income was USD 209 million compared to USD 278 million a year ago. Basic loss per share from continuing operations was USD 0.73 compared to basic earnings per share from continuing operations of USD 0.52 a year ago. Diluted loss per share from continuing operations was USD 0.73 compared to diluted earnings per share from continuing operations of USD 0.52 a year ago.