Stoneridge reports first-quarter profit

Newswire

CHICAGO, April 24 (Reuters) - Stoneridge Inc. , which supplies electrical and electronic components to automakers, on Thursday reported a first-quarter profit as it became more efficient and reduced debt. The Warren, Ohio-based company had net income of $7.0 million, or 31 cents a share, compared with a loss of $64.3 million, or $2.86 a share, a year earlier. Sales increased to $159.6 million from $157.7 million. Before a charge of $69.8 million, or $3.11 a share, in the year-ago quarter ...

Premium Content (PAID Subscription Required)

"Stoneridge reports first-quarter profit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×