secwatch.observer — SEC 8-K summary
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Issuer:     STONERIDGE INC (SRI)
CIK:        0001043337
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001043337-23-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stoneridge Q4 sales $231.2M, EPS $0.01; full-year loss; guides 2023 revenue ~$975M, EBITDA margin expansion
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- Q4 sales $231.2M, adjusted sales $225.2M (+5.2% vs Q3); gross profit $45.5M (19.7% of sales).
- Q4 EPS $0.01; includes $3.7M prior-quarter correction; adjusted EPS not provided.
- Full-year 2022 sales $899.9M, loss per share $(0.52); adjusted sales $841.5M.
- 2023 guidance: adjusted sales $960-990M, adjusted EBITDA margin 5.3-5.9%, adjusted EPS $(0.10)-$0.10.
- 2027 targets: revenue $1.3-1.5B, EBITDA margin 11.5-13.5%; backlog growth to $3.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043337/000104333723000010/0001043337-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043337/000104333723000010/sri-20230301.htm
  HTML page:      https://secwatch.observer/filing/0001043337-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer