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SRI - Earnings announcements
Stoneridge Inc. (SRI) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for SRI
- Stoneridge Reports First Quarter 2026 ResultsQ1 Performance Demonstrates Solid ProgressContinued Strong Momentum with Program Awards for MirrorEye® and Electronic ControlsNOVI, Mich., May 7, 2026 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) today announced financial results for the first quarter ended March 31, 2026. 2026 First Quarter ResultsSales of $160.8 millionGrowth of 9.2% vs. Q4 2025Gross profit of $35.0 million (21.7% of sales)Gross margin improvement of 400 basis points vs. adjusted gross margin of Q4 2025Operating loss of $(9.0) million ((5.6)% of sales)Adjusted operating loss of $(3.0) million ((1.8)% of sales)A
- Stoneridge, Inc. to Broadcast its First Quarter 2026 Conference Call on the WebNOVI, Mich., May 4, 2026 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its first quarter 2026 earnings conference call live on Thursday, May 7, 2026, at 9:00 a.m. ET with Natalia Noblet, president and chief executive officer, and Bob Hartman, chief accounting officer and interim chief financial officer and treasurer. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and te
- Stoneridge Reports Fourth Quarter and Full-Year 2025 ResultsOutperformed End-Markets by 150 Basis Points in 2025 Driven by MirrorEye® Growth of 69%Drove Improvements in Material Cost of 80 bps and Quality-Related Costs of $6.6 Million in 2025Issues 2026 Midpoint EBITDA Guidance of $22.5 Million and 2027 EBITDA Target of $44 Million2025 Fourth Quarter ResultsSales of $205.2 millionNet loss of $(76.9) million ((37.5)% of sales)Includes the after-tax impairment of Control Devices assets of $(16.7) million and income tax expense related to the recording of valuation allowances of $(44.5) million, netAdjusted net loss of $(14.7) million ((7.2)% of sales)Adjusted EBITDA of $3.4 million (1.7% of sales) 2026 Full-Year GuidanceRevenue guidance of $625 million
- Stoneridge, Inc. to Broadcast Its Fourth Quarter 2025 Conference Call on the WebNOVI, Mich., March 2, 2026 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its fourth quarter 2025 earnings conference call live on Thursday, March 12, 2026, at 9:00 a.m. ET with members of the executive team. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and o
- Stoneridge Completes Strategic Review with Sale of Control Devices SegmentTransaction Closed January 30, 2026, with a Base Purchase Price of $59 Million NOVI, Mich., Feb. 2, 2026 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) today announced that it has completed the sale of its Control Devices segment to an affiliate of Center Rock Capital Partners, LP ("Center Rock"), a private investment firm specializing in driving long-term value creation for middle-market industrial businesses. The transaction was closed, effective as of January 30, 2026, concurrent with the signing of the definitive agreement to sell the Control Devices segment. The sale was com
- Stoneridge Reports Third Quarter 2025 ResultsContinued Progress on Key Operational PrioritiesAnnouncing MirrorEye® OEM Program Award with an Additional Truck ManufacturerAnnouncing Leak Detection Module and Park Lock Actuator Program Awards 2025 Third Quarter Results Sales of $210.3 millionGross profit of $42.8 million (20.3% of sales)Adjusted gross profit of $43.7 million (20.8% of sales)Operating loss of $(3.3) million ((1.6)% of sales)Adjusted operating income of $2.4 million (1.2% of sales)Adjusted operating margin improvement of 100 basis points vs. Q2 2025Net loss of $(9.4) million ((4.5)% of sales)Adjusted net loss of $(5.1) million ((2.4)% of sales)Adjusted EBITDA of $9.3 million (4.4% of sales),Adjusted EBITDA, excluding non-o
- Stoneridge, Inc. To Broadcast Its Third Quarter 2025 Conference Call On The WebNOVI, Mich., Oct. 23, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its third quarter 2025 earnings conference call live on Thursday, November 6, 2025, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power v
- Stoneridge Reports Second Quarter 2025 ResultsMirrorEye® Sets Another Quarterly Sales Record Announces Largest Business Award in Company History for Global MirrorEye Program Announces Largest OEM Business Award in Stoneridge Brazil History Announces Review of Strategic Alternatives for Control Devices Business 2025 Second Quarter Results Sales of $228.0 millionGross profit of $48.9 million (21.5% of sales)Operating loss of $(2.6) million ((1.1)% of sales)Adjusted operating income of $0.4 million (0.2% of sales)Net loss of $(9.4) million ((4.1)% of sales)Adjusted net loss of $(7.0) million ((3.1)% of sales)Adjusted EBITDA of $4.6 million (2.0% of sales), including $3.4 million of non-operating FX expenseExcluding non-operating foreign cu
- Stoneridge, Inc. To Broadcast Its Second Quarter 2025 Conference Call On The WebNOVI, Mich., July 22, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its second quarter 2025 earnings conference call live on Thursday, August 7, 2025, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power ve
- Stoneridge Reports First Quarter 2025 ResultsStrong Quarter-to-Quarter Margin Progression MirrorEye® and SMART 2 Tachograph Set Quarterly Sales Records Maintaining Previously Provided Full-Year 2025 Guidance 2025 First Quarter Results Sales of $217.9 millionGross profit of $46.3 million (21.2% of sales)Adjusted gross profit of $47.7 million (21.9% of sales)Operating loss of $(3.2) million ((1.5)% of sales)Adjusted operating loss of $(0.4) million ((0.2)% of sales)Net loss of $(7.2) million ((3.3)% of sales)Adjusted net loss of $(5.1) million ((2.4)% of sales)Adjusted EBITDA of $7.6 million (3.5% of sales) 2025 Full-Year Guidance Maintaining previously provided full-year 2025 guidance rangesNOVI, Mich., April 30, 2025 /PRNewswire/ --
- Stoneridge, Inc. To Broadcast Its First Quarter 2025 Conference Call On The WebNOVI, Mich., April 17, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its first quarter 2025 earnings conference call live on Thursday, May 1, 2025, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehic
- Stoneridge Reports Fourth Quarter and Full-Year 2024 ResultsNet Cash Provided by Operating Activities Improvement of ~$43 Million Year-Over-Year Driven by Inventory Reduction of ~$36 Million Establishes 2025 Midpoint Revenue Guidance of $875 Million and EBITDA Guidance of $40 MillionEstablishes 2026 Revenue Target of at Least $975 Million and EBITDA Target of at Least $70 Million 2024 Fourth Quarter Results Sales of $218.2 millionGross profit of $42.7 million (19.5% of sales)Adjusted gross profit of $43.1 million (19.7% of sales)Operating loss of $(4.4) million ((2.0)% of sales)Adjusted operating loss of $(4.0) million ((1.8)% of sales)Net loss of $(6.1) million ((2.8)% of sales)Adjusted net loss of $(5.0) million ((2.3)% of sales)Adjusted EBITDA of
- Stoneridge, Inc. To Broadcast Its Fourth Quarter 2024 Conference Call On The WebNOVI, Mich., Feb. 13, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its fourth quarter 2024 earnings conference call live on Thursday, February 27, 2025, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power
- Stoneridge Reports Third Quarter 2024 ResultsMirrorEye Becomes Standard Equipment on Several European Truck Platforms MirrorEye OEM Programs to Launch with Daimler Truck North America and a European Brand Year-to-Date Cash Performance Improved $31.3 million vs. Same Period in 2023 2024 Third Quarter Results Sales of $213.8 millionGross profit of $44.5 million Adjusted gross profit of $44.6 million (20.9% of sales)Operating income of $0.3 million Adjusted operating income of $0.7 million (0.3% of sales)Adjusted EBITDA of $9.2 million (4.3% of sales) Adjusted EBITDA was unfavorably impacted by $2.6 million related to operating FX and non-operating expenses vs. prior expectationsIncome tax expense of $3.4 millionAdjusted income tax expen
- Stoneridge, Inc. To Broadcast Its Third Quarter 2024 Conference Call On The WebNOVI, Mich., Oct. 17, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its third quarter 2024 earnings conference call live on Thursday, October 31, 2024, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and mod
- Stoneridge Reports Second Quarter 2024 ResultsQ2 Operating Performance Significantly Outperforms Previously Provided Expectations Driven by Strong Margin Expansion 2024 Second Quarter Results Sales of $237.1 millionGross profit of $53.7 million (22.7% of sales)Operating income of $3.4 million Adjusted operating income of $5.4 million (2.3% of sales)Adjusted EBITDA of $16.1 million (6.8% of sales)Earnings per share ("EPS") of $0.10Adjusted EPS of $0.17 2024 Full-Year Guidance Update Reducing full-year 2024 revenue midpoint guidance by $45 million to reflect updated FX rates (~$12 million impact), updated OEM production volumes (~$18 million impact) and potential volatility in non-OEM and customer demand-based products (~$15 million impac
- Stoneridge, Inc. To Broadcast Its Second Quarter 2024 Conference Call On The WebNOVI, Mich., July 18, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its second quarter 2024 earnings conference call live on Thursday, August 1, 2024, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Presentations & Events page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modu
- Stoneridge Reports First Quarter 2024 ResultsMaintains Previously Provided Full-Year 2024 Guidance Driven by Sales Growth and Operating Performance for the Remainder of the Year NOVI, Mich., May 1, 2024 /PRNewswire/ -- 2024 First Quarter Results Sales of $239.2 millionGross profit of $48.4 million (20.2% of sales)Operating income of $0.3 million (0.1% of sales)Q1 operating income unfavorably impacted by incremental warranty-related expenses of ~$2.0 millionEBITDA of $6.6 million (2.8% of sales)Q1 EBITDA includes unfavorable impact of non-operating FX and equity interest expenses of ~$2.3 million and incremental warranty-
- Stoneridge, Inc. To Broadcast Its First-Quarter 2024 Conference Call On The WebNOVI, Mich., April 18, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its first-quarter 2024 earnings conference call live on Thursday, May 2, 2024, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modul
- Stoneridge Reports Fourth Quarter 2023 ResultsAchieves Q4 Sequential EPS Improvement In Line with Prior Expectations Establishes 2024 Midpoint Revenue Guidance of $1 Billion And Midpoint EBITDA of $67 Million (Midpoint EBITDA Margin Expansion Of 170 Basis Points vs. 2023) Maintains 2027 Long-Term Target and Establishes 2028 Revenue Target of $1.35 - $1.55 Billion and EBITDA Margin Target of 12.0% - 14.0% NOVI, Mich., Feb. 28, 2024 /PRNewswire/ -- 2023 Fourth Quarter Results Sales of $229.5 millionAdjusted sales of $229.4 millionGross profit of $45.5 million Adjusted gross profit of $45.7 million (19.9% of adjusted sales)
- Stoneridge, Inc. To Broadcast Its Fourth-Quarter 2023 Conference Call On The WebNOVI, Mich., Feb. 15, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its fourth-quarter 2023 earnings conference call live on Thursday, February 29, 2024, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components an
- Stoneridge Reports Second Quarter 2023 ResultsNOVI, Mich., Aug. 2, 2023 /PRNewswire/ -- ADVANCING STRATEGIC PRIORITIES WHILE DELIVERING 10%+ QUARTER TO QUARTER SALES GROWTH AND 400+ BASIS POINT GROSS MARGIN EXPANSION GUIDING TO THE HIGH END OF PREVIOUSLY PROVIDED ADJUSTED SALES, ADJUSTED GROSS MARGIN AND ADJUSTED OPERATING MARGIN RANGES 2023 Second Quarter Results Sales of $266.8 millionAdjusted sales of $262.4 millionGross profit of $60.5 millionAdjusted gross profit of $60.9 million (23.2% of adjusted sales)Operating income of $4.3 million Adjusted operating income of $6.2 million (2.4% of adjusted sales)Adjusted EBITD
- STONERIDGE, INC. TO BROADCAST ITS SECOND-QUARTER 2023 CONFERENCE CALL ON THE WEBNOVI, Mich., July 20, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its second-quarter 2023 earnings conference call live on Thursday, August 3, 2023, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and mo
- Stoneridge Reports First Quarter 2023 ResultsFIRST QUARTER REVENUE AND EARNINGS OUTPERFORM PREVIOUSLY PROVIDED EXPECTATIONS REAFFIRMING 2023 FULL-YEAR GUIDANCE 2023 First Quarter Results Sales of $241.3 millionAdjusted sales of $232.2 millionGross profit of $42.8 millionAdjusted gross profit of $43.0 million (18.5% of adjusted sales)Operating loss of $(4.0) million Adjusted operating loss of $(3.4) million ((1.5)% of adjusted sales)Adjusted EBITDA of $3.6 million (1.5% of adjusted sales)Loss per share ("EPS") of $(0.27)Adjusted loss per share of $(0.25)Reaffirming 2023 Full-year Guidance Adjusted EPS of $(0.10) - $0.10 (break-even midpoint)Adjusted sales of $960.0 - $990.0 million Adjusted gross margin of 20.5% - 21.25% Adjusted opera
- STONERIDGE, INC. TO BROADCAST ITS FIRST-QUARTER 2023 CONFERENCE CALL ON THE WEBNOVI, Mich., April 20, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its first-quarter 2023 earnings conference call live on Thursday, May 4, 2023, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modul
- Stoneridge Reports Fourth Quarter and Full-Year 2022 ResultsESTABLISHES 2023 MIDPOINT REVENUE GUIDANCE OF $975 MILLION (15.9% GROWTH VS. 2022) AND MIDPOINT EBITDA MARGIN EXPANSION OF 210 BASIS POINTS OVER 2022 ESTABLISHES 2027 REVENUE TARGET OF $1.3 - $1.5 BILLION AND EBITDA MARGIN TARGET OF 11.5% - 13.5% 2022 Fourth Quarter Results Sales of $231.2 millionAdjusted sales of $225.2 million (5.2% growth over Q3 2022)Gross profit of $45.5 million (19.7% of sales, 20.2% of adjusted sales)Operating income of $6.0 million (2.6% of sales, 2.7% of adjusted sales)EBITDA of $11.1 million (4.9% of adjusted sales)Earnings per diluted share ("EPS") of $0.01Results include $3.7 million ($0.10 EPS) non-operating income correction related to prior quarterEPS of $0.11
- STONERIDGE, INC. TO BROADCAST ITS FOURTH-QUARTER 2022 CONFERENCE CALL ON THE WEBNOVI, Mich., Feb. 16, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its fourth-quarter 2022 earnings conference call live on Thursday, March 2, 2023, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components, and mo
- Stoneridge Reports Third-Quarter 2022 ResultsTHIRD-QUARTER PERFORMANCE REFLECTS MARGIN EXPANSION DRIVEN BY STRONG OPERATING PERFORMANCE AND CONTINUED REVENUE GROWTH SEQUENTIAL GROWTH EXPECTED TO CONTINUE IN Q4 PROVIDING STRONG RUN-RATE INTO 2023 2022 Third-Quarter Results Sales of $226.8 millionAdjusted sales of $214.0 million (4.0% growth over Q2 2022)Gross profit of $49.4 million (23.1% of adjusted sales, a 440 basis point improvement over Q2 2022)Operating income of $5.9 million Adjusted operating income of $6.1 million (2.9% of adjusted sales, a 600 basis point improvement over Q2 2022)Adjusted EBITDA of $12.1 million (5.6% of adjusted sales, a 450 basis point improvement over Q2 2022)Earnings per share ("EPS") of $0.03Adjusted EP
- STONERIDGE, INC. TO BROADCAST ITS THIRD-QUARTER 2022 CONFERENCE CALL ON THE WEBNOVI, Mich., Oct. 20, 2022 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its third-quarter 2022 earnings conference call live on Thursday, November 3, 2022, at 9:00 a.m. ET with president and chief executive officer, Jon DeGaynor, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic components, modules and s
- Stoneridge Reports Second-Quarter 2022 ResultsMIRROREYE OEM TAKE RATES REMAIN STRONGER THAN ORIGINAL EXPECTATIONS WITH INCREASED OUTLOOK FOR 2023 SECOND-QUARTER PERFORMANCE IMPACTED BY FX HEADWINDS 2022 Second-Quarter Results Sales of $220.9 millionAdjusted sales of $205.7 millionGross profit of $38.6 million (18.7% of adjusted sales)Excluding unfavorable impact of foreign currency vs. Q1, adjusted gross margin of 19.7%Operating loss of ($5.9) million Adjusted operating loss of ($6.5) million ((3.2%) of adjusted sales)Excluding unfavorable impact of foreign currency vs. Q1, adjusted operating margin of (2.3%)Adjusted EBITDA of $2.3 million (1.1% of adjusted sales) Loss per share ("EPS") of ($0.27)Adjusted EPS of ($0.29)Net foreign curre
- STONERIDGE, INC. TO BROADCAST ITS SECOND-QUARTER 2022 CONFERENCE CALL ON THE WEBNOVI, Mich., July 21, 2022 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its second-quarter 2022 earnings conference call live on Thursday, August 4, 2022, at 9:00 a.m. ET with president and chief executive officer, Jon DeGaynor, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic components, modules and sy
- Stoneridge Reports First-Quarter 2022 ResultsFIRST-QUARTER PERFORMANCE DRIVEN PRIMARILY BY FAVORABLE IMPACT OF PRICING ACTIONS / MATERIAL COST RECOVERY EFFORTS AND SUPPLY CHAIN INITIATIVES ANNOUNCING CONTINUED MIRROREYE FLEET TRIAL EXPANSIONS WITH SCHNEIDER, MAVERICK AND NUSSBAUM – OEM TAKE RATES REMAIN STRONG 2022 First-Quarter Results Loss per share ("EPS") of ($0.28) Adjusted EPS of ($0.27)Sales of $221.1 millionAdjusted sales of $196.6Gross profit of $41.4 million (21.1% of adjusted sales)Operating loss of ($3.0) million ((1.5%) of adjusted sales)EBITDA of $4.3 million (2.2% of adjusted sales)2022 Full-year Guidance Update Maintaining full-year 2022 revenue guidance of $860 million to $900 millionIncreasing 2022 adjusted gross
- STONERIDGE, INC. TO BROADCAST ITS FIRST-QUARTER 2022 CONFERENCE CALL ON THE WEBNOVI, Mich., April 21, 2022 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its first-quarter 2022 earnings conference call live on Thursday, May 5, 2022, at 9:00 a.m. ET with president and chief executive officer, Jon DeGaynor, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic components, modules and syste
- Stoneridge Reports Fourth-Quarter and Full-Year 2021 ResultsNOVI, Mich., Feb. 28, 2022 /PRNewswire/ -- Fourth-Quarter 2021 Results Loss per diluted share ("EPS") of ($0.23) Adjusted loss per share of ($0.24) Sales of $203.7 million Adjusted sales of $184.7 million Gross profit of $41.9 million Adjusted gross profit of $42.0 million (22.7% of adjusted sales) Operating loss of ($4.4) million Adjusted operating loss of ($7.0) million ((3.8%) of adjusted sales) Adjusted EBITDA of $2.4 million (1.3% of adjusted sales) Full-Year 2021 Results Earnings per share of $0.12 Adjusted loss per share of ($0.59) Sales of $770.5 million Gross p
- STONERIDGE, INC. TO BROADCAST ITS FOURTH-QUARTER 2021 CONFERENCE CALL ON THE WEBNOVI, Mich., Feb. 14, 2022 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its fourth-quarter 2021 earnings conference call live on Tuesday, March 1, 2022, at 9:00 a.m. ET with president and chief executive officer, Jon DeGaynor, and chief financial officer, Matt Horvath. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is an independent designer and manufacturer of highly engineered electrical and electronic components, modules
- Stoneridge Reports Third-Quarter 2021 ResultsNOVI, Mich., Oct. 27, 2021 /PRNewswire/ -- 2021 Third-Quarter Results Loss per share ("EPS") of ($0.38) Adjusted EPS of ($0.27) Externalities including continued supply chain-related challenges, reduced production schedules and production volatility impacted third quarter performance by ($0.25) vs. prior expectationsSales of $181.7 million Gross profit of $36.0 million Adjusted gross profit of $36.6 million (20.2% of sales) Operating loss of ($8.9) million Adjusted operating loss of ($6.9) million ((3.8%) of sales) Effective tax rate of (5.4%) Adjusted effective tax rate o
- Stoneridge Provides Preliminary Third Quarter 2021 ResultsNOVI, Mich., Oct. 13, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, today provided a business update and preliminary third quarter results reflecting continued supply chain-related challenges that resulted in reduced production schedules by the Company's OEM customers and incremental material and logistics costs. On September 16, 2021, IHS Markit released its latest forecast for worldwide automotive production. Further, on October 1, 2021, LMC released its latest forecast
- Stoneridge Reports Second-Quarter 2021 ResultsNOVI, Mich., Aug. 4, 2021 /PRNewswire/ -- 2021 Second-Quarter Results Earnings (loss) per diluted share ("EPS") of $0.72 Includes the pre-tax gain of $30.7 million ($35.2 million of net cash proceeds), or $0.93 EPS, from the sale of the Company's Canton, MA facilityAdjusted EPS of ($0.14) Incremental supply chain related costs reduced adjusted EPS by ($0.07) in the quarter vs. prior expectations Increased tax expense during the quarter as a result of the unexpected shift in proportional earnings and expenses between geographies during the quarter reduced adjusted EPS by ($
- Stoneridge, Inc. To Broadcast Its Second-Quarter 2021 Conference Call On The WebNOVI, Mich., July 23, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE:SRI) will webcast its second-quarter 2021 earnings conference call live on Thursday, August 5, 2021, at 9:00 a.m. ET with president and chief executive officer, Jon DeGaynor, and chief financial officer, Robert Krakowiak. The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com. Stoneridge, Inc., headquartered in Novi, Michigan, is an independent designer and manufacturer of highly engineered electrical and electronic components, mo