Stoneridge income up, sees stronger first quarter

Newswire

WARREN, Ohio,, Jan 23 (Reuters) - Stoneridge Inc., which supplies electrical and electronic components to automakers, said Thursday its quarterly profits rose thanks to demand for light and commercial vehicles in North America. The company, based in Warren, Ohio, said fourth-quarter net income rose to $4.5 million, or 20 cents per share, from net income of $200,000, or 1 cent a share, for fourth quarter 2001. Sales rose 5.9 percent to $148.3 million from $140 million for fourth quarter ...

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