Visteon Corporation (NASDAQ:VC) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET
Company Participants
Ryan Wentling - Vice President of Investor Relations and Treasurer
Sachin Lawande - President and Chief Executive Officer
Jerome Rouquet - Senior Vice President and Chief Financial Officer
Conference Call Participants
Luke Junk - Baird
Dan Levy - Barclays
Joe Spak - UBS
Mark Delaney - Goldman Sachs
John Babcock - Bank of America
Emmanuel Rosner - Deutsche Bank
James Picariello - BNP Paribas Exane
Operator
Good morning. My name is Anna and I will be your conference operator today. At this time, I would like to welcome everyone to the Visteon Third Quarter 2023 Earnings Call. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]
Ryan Wentling, you may begin your conference.
Ryan Wentling
Good morning. I'm Ryan Wentling, Vice President of Investor Relations and Treasurer. Welcome to our earnings call for the third quarter 2023. Please note this call is being recorded and all lines have been placed on a listen-only mode to prevent background noise.
Before we begin this morning's call, I'd like to remind you, this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future results and conditions, but rather are subject to various factors, risks, and uncertainties that could cause our actual results to differ materially from those expressed in these statements. Please refer to the page entitled Forward-Looking Information for additional details.
Presentation materials for today's call were posted on the Investors section of Visteon's website this morning. Please visit investors.visteon.com to download the material if you have not already done so.
Joining us today are Sachin Lawande, President and Chief Executive Officer; and Jerome Rouquet, Senior Vice President and Chief Financial Officer. We have scheduled the call for one hour and we'll open the lines for your questions after Sachin and Jerome's remarks. Please limit your questions to one question and one follow-up.
Thank you for joining us. Now I will turn the call over to Sachin.
Sachin Lawande
Thank you, Ryan, and good morning, everyone. Thank you for joining our third quarter 2023 earnings call. Page 2 provides a summary of our results for the third quarter. The company performed very well, delivering strong results for the quarter and strengthening our foundation for long-term growth. Third quarter sales were $1.14 billion. And excluding the impact from supply chain related pricing, our base sales grew 9% year-over-year, further demonstrating the strong demand for our digital cockpit products.