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Net Cash Provided by Operating Activities Improvement of ~$43 Million Year-Over-Year Driven by Inventory Reduction of ~$36 Million Establishes 2025 Midpoint Revenue Guidance of $875 Million and EBITDA Guidance of $40 Million Establishes 2026 Revenue Target of at Least $975 Million and EBITDA Target of at Least $70 Million 2024 Fourth Quarter Results Sales of $218.2 million Gross profit of $42.7 million (19.5% of sales) Adjusted gross profit of $43.1 million (19.7% of sales) Operating loss of $(4.4) million ((2.0)% of sales) Adjusted operating loss of $(4.0) million ((1.8)% of sales) Net loss of $(6.1) million ((2.8)% of sales) Adjusted net loss of $(5.0) million ((2.3)% of sales) Adjusted EBITDA of $6.0 million (2.7% of sales) 2025 Full-Year Guidance Revenue of $860 million - $890 million (midpoint of $875 million) MirrorEye® expected to contribute $50+ million incremental revenue in 2025 Company's expectation of ~(3.8)% decline in OEM market volume vs. 2024 EBITDA of $38 million to $

prnewswire.com 2025 Feb 26
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NOVI, Mich. , Feb. 13, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its fourth quarter 2024 earnings conference call live on Thursday, February 27, 2025, at 9:00 a.m.

prnewswire.com 2025 Feb 13
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NOVI, Mich. , Sept. 4, 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 CL King's 22nd Annual Best Ideas Conference with a fireside chat at 2:45 p.m.

prnewswire.com 2024 Sep 04
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Stoneridge, Inc. (NYSE:SRI ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kelly Harvey - Director, Investor Relations Jim Zizelman - President and CEO Matt Horvath - Chief Financial Officer Troy Cooprider - Chief Technology Officer Conference Call Participants Collin Nieman - Stephens Gary Prestopino - Barrington Research Operator Welcome to the Stoneridge, Inc., Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

seekingalpha.com 2024 Aug 04
SRI Stock News Image - prnewswire.com

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 to reflect updated FX rates (~$12 million impact), updated OEM production volumes (~$18 million impact) and potential volatility in non-OEM and customer demand-based products (~$15 million impact) Revenue guidance of $940 million - $970 million (midpoint of $955 million) Increasing gross margin midpoint guidance by 50 basis points to reflect continued material cost improvement and operational excellence Gross margin guidance of 22.75% - 23.0% Reducing adjusted operating margin and

prnewswire.com 2024 Jul 31
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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.

prnewswire.com 2024 Jul 30
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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.

prnewswire.com 2024 Jul 18
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NOVI, Mich. , June 5, 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 Deutsche Bank Global Auto Industry Conference with a presentation at 1:55 p.m.

prnewswire.com 2024 Jun 05
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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.

prnewswire.com 2024 May 22
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LONDON--(BUSINESS WIRE)-- Xtrackers (IE) plc Investment Company with Variable Capital Registered Office: 78 Sir John Rogerson's Quay, Dublin 2, Ireland Registration number: 393802 (the “Company”) NOTICE TO SHAREHOLDERS OF THE SUB-FUNDS LISTED ON THE LONDON STOCK EXCHANGE Dublin, 17 May 2024 This announcement is to inform the shareholders of the sub-funds listed in the table below (each a Sub-Fund, and together the Sub-Funds) (the Shareholders) on behalf of the board of directors of the Company (the Board of Directors) of the applicable net asset value (the NAV) in respect of each Sub-Fund for the below stated Dealing Day: Sub-Fund ISIN Outstanding Shares Currency Dealing Day NAV LEI Xtrackers (IE) plc EMU Net Zero Pathway Paris Aligned UCITS ETF 1C IE000Y6L6LE6 386,000 EUR 17-May-2024 46.1795 254900YFWZKFQI5JGH16 Xtrackers (IE) plc ESG EUR High Yield Corporate Bond UCITS ETF 1C IE0006GNB732 1,515,349 EUR 17-May-2024 31.0321 254900JCYVIMXES6K908 Xtrackers (IE) plc ESG USD Emerging M

https://www.businesswire.com 2024 May 20
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