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 $0.17 2024 Full-Year Guidance Update Reducing full-year 2024 revenue midpoint guidance by$ 45 million t ...