Business
Lear Reports First Quarter 2025 Results
Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2025.
About this update from Lear Corporation
[{"type":"text","content":"SOUTHFIELD, Mich., May 6, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2025.","length":196,"tagName":"p"},{"type":"image","alt":"Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation)","displaySize":"","headline":null,"caption":"Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":140,"url":"https://media.zenfs.com/en/prnewswire.com/f02bd748756ed775d7117dee2b9daf35"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1G1bl.PpcGQ7Y2tG1C1odA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/f02bd748756ed775d7117dee2b9daf35","width":400,"height":140}},"href":"https://mma.prnewswire.com/media/460765/LEAR_LOGO.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered revenue of $5.6 billion in the first quarter, compared to $6.0 billion in the first quarter of 2024","length":109,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $81 million and adjusted net income of $169 million, compared to $110 million and $183 million, respectively, in the first quarter of 2024","length":152,"tagName":"p"}]},{"val":[{"type":"text","content":"Core operating earnings of $270 million, compared to $280 million in the first quarter of 2024","length":94,"tagName":"p"}]},{"val":[{"type":"text","content":"Earnings per share of $1.49 and adjusted earnings per share of $3.12, compared to $1.90 and $3.18, respectively, in the first quarter of 2024","length":141,"tagName":"p"}]},{"val":[{"type":"text","content":"Net cash used in operating activities of $(128) million and free cash flow of $(232) million, compared to $(35) million and $(148) million, respectively, in the first quarter of 2024","length":182,"tagName":"p"}]},{"val":[{"type":"text","content":"Repurchased $25 million of shares and paid $43 million in dividends","length":67,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash and cash equivalents of $780 million and total liquidity of $2.8 billion at quarter end","length":92,"tagName":"p"}...