Stoneridge(SRI)

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Stoneridge(SRI) - 2024 Q2 - Quarterly Report
2024-07-31 21:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13337 STONERIDGE, INC (Exact name of registrant as specified in its charter) Ohio 34-1598949 | --- | --- | --- | --- | |-------------------------------------------- ...
Stoneridge(SRI) - 2024 Q2 - Quarterly Results
2024-07-31 21:03
Exhibit 99.1 FOR IMMEDIATE RELEASE Stoneridge Reports Second Quarter 2024 Results Q2 Operating Performance Significantly Outperforms Previously Provided Expectations Driven by Strong Margin Expansion 2024 Second Quarter Results • Sales of $237.1 million • Gross 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 $0.10 • Adjusted EPS of $0.17 2 ...
Stoneridge Reports Second Quarter 2024 Results
Prnewswire· 2024-07-31 21:00
Q2 Operating Performance Significantly Outperforms Previously Provided Expectations Driven by Strong Margin Expansion 2024 Second Quarter Results Sales of $237.1 million Gross 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 $0.10 Adjusted EPS of $0.17 2024 Full-Year Guidance Update Reducing full-year 2024 revenue midpoint guidance by $45 million t ...
Stoneridge to Present at 2024 J.P. Morgan Auto Conference
Prnewswire· 2024-07-30 21:00
Details for joining the presentation via live webcast can be found at https://www.stoneridge.com/presentationsevents prior to the event. SOURCE Stoneridge, Inc. NOVI, Mich., July 30, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the J.P. Morgan Auto Conference in New York City, with a presentation scheduled for 9:35 a.m. ET on Wednesday, August 7, 2024. About Stoneridg ...
Stoneridge, Inc. To Broadcast Its Second Quarter 2024 Conference Call On The Web
Prnewswire· 2024-07-18 21:00
NOVI, 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 h ...
Stoneridge to Present at the Deutsche Bank Global Auto Industry Conference
Prnewswire· 2024-06-05 21:00
About Stoneridge, Inc. SOURCE Stoneridge, Inc. Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com. NOVI, Mich., June 5, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive office ...
Stoneridge Appoints Natalia Noblet as President of Electronics Division
prnewswire.com· 2024-05-22 21:10
NOVI, Mich., May 22, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, has announced the appointment of Natalia Noblet as president of its Electronics Division, effective September 1, 2024. Noblet succeeds Peter Österberg, who, by mutual agreement, is leaving the company to pursue other opportunities. Stoneridge appoints Natalia Noblet as President of Electronics DivisionStoneridge appoints Natalia Noblet as ...
Stoneridge(SRI) - 2024 Q1 - Earnings Call Presentation
2024-05-04 13:53
stoneridge.com © 2024 Forward-Looking Statements stoneridge.com © 2024 3 • Maintaining previously guided full-year 2024 ranges • Reduced inventory balance by $7.9 million and improved compliance leverage ratio by 0.27x to 2.86x vs. Q4 2023 3.0% Growth vs. Q1 2023* +120 bps vs. Q1 2023* $0.03 Growth vs. Q1 2023* Sales EBITDA EPS $1.35B – $1.55B By 2028 ~10% CAGR Growth** Q1 2024 Results Rounding Disclosure: There may be slight immaterial differences between figures represented in our public filings compared ...
Stoneridge(SRI) - 2024 Q1 - Earnings Call Transcript
2024-05-04 13:40
Stoneridge, Inc. (NYSE:SRI) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kelly Harvey - Director of Investor Relations James Zizelman - President and Chief Executive Officer Matthew Horvath - Chief Financial Officer Conference Call Participants Justin Long - Stephens Inc. Gary Prestopino - Barrington Research Associates, Inc. Operator Good day, and welcome to the Stoneridge First Quarter 2024 Earnings Call. All participants will be in a listen-only mode. [Operator Instruction ...
Stoneridge(SRI) - 2024 Q1 - Quarterly Report
2024-05-01 20:54
Commission file number: 001-13337 STONERIDGE, INC (Exact name of registrant as specified in its charter) FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Ohio 34-1598949 (State or other jurisdiction of incorporation or organization) (I.R.S. ...