Stoneridge

Stoneridge, Inc. engages in the production of engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. It operates through the following segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment designs and manufactures products that monitor, measure, and activate specific functions within a vehicle such as sensors, switches, valves, and actuators. The Electronics segment offers driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. The Stoneridge Brazil segment sells vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, and telematics solutions. The company was founded by D. M. Draime in 1965 and is headquartered in Novi, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stoneridge projects robust 2023 growth amidst MirrorEye success

Stoneridge's Q4 performance showed revenue growth and increased adjusted EPS, with strong expectations for 2023.
The company faces challenges from production constraints and cost impacts but is focused on driving growth through efficiency.
Opportunities lie in partnerships, technology innovation, and a strategic shift towards a technology-focused business model.

Stoneridge (SRI) beats Q1 expectations, eyes growth in electrification

Stoneridge's Q1 2023 performance surpassed expectations, driven by strong revenue growth and strategic initiatives in electrification.
While facing challenges in China and supply chain issues, the company remains optimistic about its full-year guidance and growth prospects.
Appointments in key leadership roles and focus on innovative programs position Stoneridge well for future success and market expansion.

Stoneridge reports robust Q2 performance and eyes market expansion

Stoneridge's Q2 performance reflects strong growth and margin improvement, with a positive outlook for the future.
While challenges like debt refinancing and market competition exist, the company's strategic focus on efficiency and margin enhancement bodes well.
Opportunities in commercial vehicle markets and operational improvements position Stoneridge for continued success and profitability.

Stoneridge reports Q3 resilience amidst challenges, eyes growth opportunities

Stoneridge navigated challenges from the UAW strike, showcasing resilience and strategic diversification.
The company's focus on revenue-generating programs and efficiency initiatives positions it for growth.
Analyst inquiries highlighted financial concerns and growth opportunities for the company's future performance.

Stoneridge (SRI) reports resilient Q4 earnings and eyes growth

Stoneridge's Q4 2023 earnings call highlighted strong performance, strategic strengths in product platforms and drivetrain-agnostic technologies, resilience in overcoming challenges, and promising opportunities for revenue growth and margin expansion. The company's focus on operational improvements and long-term strategy positions it well for future success.

Stoneridge reports robust Q1 performance, eyes revenue growth opportunities

Stoneridge's Q1 2024 earnings call highlighted strong financial performance, operational improvements, and growth initiatives with key partners. While facing challenges in warranty costs and guidance figures, the company remains committed to driving revenue growth and enhancing shareholder value through sustainable practices and product innovation.

Stoneridge Q3 earnings show margin pressure but strong growth outlook

Stoneridge faces margin challenges from lower sales but shows strength in strategic partnerships and innovative programs like MirrorEye. The company aims to enhance financial performance by focusing on cash generation and operational efficiency, with an eye on future market recovery in 2025.

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NOVI, 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.

Stoneridge Reports Third-Quarter 2021 Results

NOVI, Mich., Oct. 25, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, president and chief executive officer, and Matt Horvath, chief financial officer and treasurer, will participate in the Gabelli Funds 45th Annual Automotive Symposium with a fireside chat at 2:30 p.m.

Stoneridge to Present at the Gabelli Funds 45th Annual Automotive Symposium

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NOVI, 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.

Stoneridge Provides Preliminary Third Quarter 2021 Results

NOVI, Mich., Sept. 1, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, today announced that Matthew Horvath has been appointed as the Company's Chief Financial Officer and Treasurer effective immediately.

Stoneridge Appoints Matthew Horvath as Chief Financial Officer

NOVI, Mich., Aug. 9, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, president and chief executive officer, and Bob Krakowiak, chief financial officer, will participate in the J.P.

Stoneridge to Present at J.P. Morgan 2021 Auto Conference

Stoneridge, Inc. (SRI) CEO Jon DeGaynor on Q2 2021 Results - Earnings Call Transcript

NOVI, 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 facility Adjusted EPS of ($0.14) Incremental supply chain related costs reduced adjusted EPS by ($0.07) in the quarter vs.

Stoneridge Reports Second-Quarter 2021 Results

NOVI, 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.

Stoneridge, Inc. To Broadcast Its Second-Quarter 2021 Conference Call On The Web

Stoneridge, Inc. (SRI) CEO Jon DeGaynor on Q1 2021 Results - Earnings Call Transcript

NOVI, Mich., April 28, 2021 /PRNewswire/ -- 2021 First-Quarter Results Earnings per diluted share ("EPS") of $0.00 Adjusted EPS of $0.06 Sales of $193.8 million Adjusted sales of $192.8 Gross profit of $46.1 million Adjusted gross profit of $46.7 million (24.2% of sales) Operating income of $2.1 million Adjusted operating income of $3.6 ­million (1.8% of sales) Adjusted EBITDA of $12.2 million (6.3% of sales) 2021 Full-year Guidance Update Maintaining full-year revenue guidance due to Q1 outperformance offset by incremental forecasted production headwinds Primarily as a result of external headwinds, reducing full-year adjusted EPS guidance by ($0.13) to a midpoint of $0.55 for; Expected incremental supply chain related costs of $2.5 million to $3.0 million or adjusted EPS of approximately ($0.07 to $0.08) $5.0 million to $5.5 million expected for the full-year vs.

Stoneridge Reports First-Quarter 2021 Results

NOVI, Mich., April 16, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its first-quarter 2021 earnings conference call live on Thursday, April 29, 2021, at 9:00 a.m.

Stoneridge, Inc. To Broadcast Its First-Quarter 2021 Conference Call On The Web

NOVI, Mich., March 9, 2021 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, today announced its MirrorEye® Camera Monitor System (CMS) will be installed on all new Montgomery Transport, LLC vehicles, continuing its long-standing commitment to the investment of innovative safety equipment.

Montgomery Transport Reinforces Company Commitment to Safety Innovation with Fleet-Wide Adoption of Stoneridge MirrorEye® Camera Monitor System

NOVI, Mich., March 8, 2021 /PRNewswire/ --Stoneridge, Inc. (NYSE: SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, and Maverick Transportation, a leading provider of transportation and logistics services, today announced an...

Maverick Transportation Commits to Full Adoption of Stoneridge MirrorEye® Camera Monitor System

Stoneridge, Inc. (SRI) CEO Jon DeGaynor on Q4 2020 Results - Earnings Call Transcript

NOVI, Mich., Feb. 24, 2021 /PRNewswire/ -- Fourth-Quarter 2020 Results Earnings per diluted share ("EPS") of $0.13 Adjusted EPS of $0.14 Sales of $189.7 million Gross profit of $49.6 million Adjusted gross profit of $50.0 million (26.4% of sales) Operating income of $5.7 million Adjusted...

Stoneridge Reports Strong Fourth-Quarter and Full-Year 2020 Results

NOVI, Mich., Feb. 24, 2021 /PRNewswire/ -- Stoneridge Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the automotive, commercial vehicle and, off-highway industries, today announced that Frank S. Sklarsky has been appointed to its board of...

Stoneridge Appoints Frank S. Sklarsky to Board of Directors

Stoneridge (SRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Stoneridge (SRI) Q4 Earnings Expected to Decline

NOVI, Mich., Nov. 11, 2020 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, president and chief executive officer, and Bob Krakowiak, chief financial officer, will participate in the Stephens Annual Investment Conference 2020 with a fireside chat at 8:00 a.m....

Stoneridge to Present at Stephens Annual Investment Conference 2020

Stoneridge' (SRI) CEO Jon DeGaynor on Q3 2020 Results - Earnings Call Transcript

NOVI, Mich., Oct. 30, 2020 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, president and chief executive officer, and Bob Krakowiak, chief financial officer, will participate in the the Gabelli 44th Annual Automotive Aftermarket Symposium with a fireside...

Stoneridge to Present at Gabelli 44th Annual Automotive Aftermarket Symposium

Stoneridge (SRI) delivered earnings and revenue surprises of 200.00% and 15.14%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Stoneridge (SRI) Q3 Earnings and Revenues Top Estimates

NOVI, Mich., Sept. 22, 2020 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced it received the award for 2020 U.S. Best Overall Investor Relations (Small Cap) from IR Magazine. The award was presented on September 16 as part of a virtual awards ceremony held by IR Magazine. Matt...

Stoneridge Honored by IR Magazine for Best Overall Investor Relations by a Small-Cap Company

NOVI, Mich., Sept. 2, 2020 /PRNewswire/ -- Stoneridge, Inc.

Stoneridge to Present at C.L. King's 18th Annual Best Ideas Conference

NOVI, Mich., Aug. 28, 2020 /PRNewswire/ -- Recognized for his leadership and entrepreneurial vision, Jon DeGaynor of Stoneridge, Inc.

News for Stoneridge Stock (SRI)