About Cooper Standard NORTHVILLE, Mich., July 26, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) will participate in the J.P. Morgan 2024 Auto Conference in New York City on Thursday, Aug. 8. Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and ...

NORTHVILLE, Mich., July 18, 2024 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) expects to release its financial results for the second quarter 2024 on Thursday, August 1 after market close. The Company's earnings results will be posted to the Cooper Standard website (https://ir.cooperstandard.com/) once released. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at https://ir.cooperstandard.com/events. A replay of the webcast will be availab ...

NORTHVILLE, Mich., July 16, 2024 /PRNewswire/ -- As the automotive industry continues to shift to an electrified future, innovation is more important than ever to support automakers seeking to simplify thermal management systems while enhancing vehicle efficiency and range. To help conquer these challenges and pave the way for an efficient, electrified future, Cooper Standard (NYSE: CPS) recently debuted the first member of its new eCoFlow™ product line. The eCoFlow Switch Pump, created in partnership with ...

NORTHVILLE, Mich., June 18, 2024 /PRNewswire/ -- Recognizing its world-class culture and agility to support the evolving automotive and industrial markets, Cooper Standard's (NYSE: CPS) Aguascalientes, Mexico mixing facility was awarded a Quality Excellence Award during the 2024 Seraph Operational Excellence Awards ceremony. About Cooper Standard The Seraph Operational Excellence Awards recognize automotive manufacturing facilities in North America that demonstrate outstanding performance and innovation acr ...

NORTHVILLE, Mich., June 11, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the appointment of Shannon B. Quinn to president of the Industrial and Specialty Group (ISG). In this position, Quinn will work to progress the Company's diversification strategy to accelerate growth and maximize the value of Cooper Standard's products and technologies in industrial and specialty markets. She replaces Ramsey Changoo who is departing the Company to pursue other career opportunities. Cooper Standard A ...

Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.coopersta ...

The research report highlights several key factors that could drive Cooper-Standard's growth. The transition to a product line management structure is expected to streamline operations and improve profitability. This restructuring is anticipated to save $20-$25 million in 2024 and $40-$45 million annually from 2025, driving the EBITDA margin to double digits by the end of 2025. Zacks Investment Research has initiated the coverage of Cooper-Standard Holdings Inc. (CPS) , assigning a "Neutral" recommendation ...

Information used to compute basic and diluted net loss per share attributable to Cooper-Standard Holdings Inc. was as follows: Changes in accumulated other comprehensive loss by component, net of related tax, were as follows: 19 13. Common Stock The Company is periodically involved in claims, litigation and various legal matters that arise in the ordinary course of business. The Company accrues for litigation exposure when it is probable that future costs will be incurred and such costs can be reasonably es ...

Cooper-Standard Holdings Inc. (NYSE:CPS) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Roger Hendriksen - Director-Investor Relations Jeffrey Edwards - Chairman and Chief Executive Officer Jonathan Banas - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Ward - Freedom Capital Kirk Ludtke - Imperial Capital Ben Briggs - Sonic Financial, Inc. Brian DiRubbio - Baird Operator Good morning, ladies and gentlemen and welcome to the Cooper-Sta ...

1 NORTHVILLE, Mich., May 6, 2024 -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the first quarter 2024. • Operating income of $3.5 million reflected an increase of $17.9 million vs. the first quarter of 2023 • Net loss of $31.7 million, or $(1.81) per diluted share, reflected an improvement of $98.7 million vs. the first quarter 2023 "Our first quarter operational improvements and margin expansion set a solid foundation for a strong 2024," said Jeffrey Edwards, chairman and CEO, Coo ...