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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.
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.
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.
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.
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 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.
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.
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.
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 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.