Stoneridge(SRI) - 2023 Q4 - Annual Results

Exhibit 99.1 FOR IMMEDIATE RELEASE Stoneridge Reports Fourth Quarter 2023 Results Achieves 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% 2023 Fourth Quarter Results 2024 Full-Year Guidance NOVI, Mich. – Fe ...