Garrett Motion (GTX) Company Overview

PLYMOUTH, Mich. and ROLLE, Switzerland, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading provider of differentiated automotive technology, today announced that it plans to release its fourth quarter financial results on Thursday, February 20, 2025, prior to the opening of the market trading in the United States.

PLYMOUTH, Mich. and ROLLE, Switzerland, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced that it has successfully refinanced its existing $692 million term loan, and refinanced and upsized its existing $600 million revolving credit facility to $630 million.

Garrett Motion (GTX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Company on track to initiate the Aurora study to evaluate GTX-102 in other Angelman syndrome genotypes and in other age groups in 2025 Company on track to initiate the Aurora study to evaluate GTX-102 in other Angelman syndrome genotypes and in other age groups in 2025

GTX introduces a long-term capital allocation framework aimed at returning at least 75% of its Adjusted Free Cash Flow to shareholders over time.

ROLLE, Switzerland and PLYMOUTH, Mich., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced the adoption of a long-term capital allocation framework, under which the Company will target returning 75% or more of its Adjusted Free Cash Flow to shareholders over time through a combination of share repurchases and a regular quarterly cash dividend.

Phase 1/2 data show improvements across all domains and confirm that Phase 3 Aspire study is amply powered to establish efficacy of GTX-102

AUBURN HILLS, Mich., Oct. 29, 2024 /PRNewswire/ -- 1967 Plymouth GTX Electromod Concept is powered by a conceptual Mopar e-Crate propulsion package Ram 2500 Power Wagon Concept bridges gap between daily workhorse and weekend adventurer Moparized Ram 1500 RHO features new high-impact concept exterior graphics and Mopar accessories Dodge will showcase products from the brand's Direct Connection performance parts line, including crate engines and more, and debut new heritage-inspired Dodge E-Bike licensed product Mopar display area (#44137 in South Hall) spotlights numerous customized vehicles from Jeep®, Ram and Dodge, Mopar enthusiast/TV personality Mark Worman; along with hundreds of factory-backed performance parts and accessories Mopar puts a serious charge into the 2024 Specialty Equipment Market Association (SEMA) Show, Nov. 5 – Nov. 8 in Las Vegas, with new, head-turning concept vehicles – combined to showcase a wide range of distinctly different appearance and performance modifications to enthusiasts.

Garrett Motion (GTX) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.23 per share a year ago.