Garrett Motion Inc. (NASDAQ: GTX) reported a 11% decline in Q4 sales to $844 million, missing consensus. Gross profit increased and new buyback and dividend plans were announced. CEO remains optimistic about zero-emission technologies and customer wins.
It's Motley Fool Money's annual Thanksgiving financial meal. We're serving up humble pie, talking about the topics we're skipping this year at the dinner table, and answering questions you've sent our way.
GTX stock down after weak Q3 sales and lowered FY24 guidance due to industry softness and competitive pressures. Gross profit margin increased, but EPS missed estimates.
