Stoneridge: Q2 Earnings Snapshot

August 3, 2022 GMT

NOVI, Mich. (AP) _ Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.3 million in its second quarter.

The Novi, Michigan-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring gains, were 29 cents per share.

The maker of electronic components for the automotive and other markets posted revenue of $220.9 million in the period.

Stoneridge expects full-year results to range from a loss of 25 cents per share to a loss of 15 cents per share, with revenue in the range of $855 million to $875 million.


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