Business
Add as a preferred source on GoogleRevenue grew 0.4% year over year; adjusted EBITDA rose $2 million to $135 million, with its margin up 20 basis points to 14.8%.
PHINIA Inc. reported third-quarter non-GAAP earnings per share of $1.83 and revenue of $912 million, while also updating its 2026 outlook and posting higher adjusted EBITDA.
Revenue increased 0.4% from a year earlier. Adjusted EBITDA rose $2 million year over year to $135 million.
PHINIA’s adjusted EBITDA margin expanded 20 basis points to 14.8%. The company also updated its fiscal 2026 outlook.
Revenue topped estimates by $260 million, while earnings per share came in 33 cents below estimates.
Revenue reached $12.13 billion, up 58.6% year over year, while non-GAAP EPS beat estimates by $1.67.
Third-quarter net income reached $90 million, while adjusted EBITDA rose to $281 million. NOV expects fourth-quarter adjusted EBITDA of $260 million to $300 million.
