PHINIA Inc. ( (PHIN) ) has released its Q2 earnings. Here is a breakdown of the information PHINIA Inc. presented to its investors.
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PHINIA Inc., a leader in premium fuel systems, electrical systems, and aftermarket solutions, operates in the automotive and industrial sectors, providing innovative technologies for combustion engines and alternative fuels. In its second quarter of 2025, PHINIA reported a 2.5% increase in net sales to $890 million, with net earnings rising to $46 million, reflecting a significant year-over-year improvement. The company also announced a strategic acquisition of Swedish Electromagnet Invest AB for $47 million, expected to bolster its capabilities in alternative fuel technologies. Key financial metrics showed an adjusted EBITDA of $126 million and a net earnings per diluted share of $1.14, alongside shareholder returns of $50 million through share repurchases and dividends. PHINIA’s strategic growth was highlighted by new business wins in various markets, including a significant award for Gas Direct Injection systems in China and Brazil. Looking ahead, PHINIA’s management remains focused on strategic growth and cost management, with a refined full-year sales guidance and continued investment in alternative fuel technologies.