---
schema_version: "secwatch.filing_event.v1"
accession: "0001043337-23-000036"
form_type: "8-K"
ticker: "SRI"
cik: "0001043337"
company_name: "STONERIDGE INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-15T23:59:40.057390+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stoneridge Q1 2023: sales $241.3M, adj. EPS -$0.25; reaffirms FY guidance

## Summary
- Sales $241.3M (adj. $232.2M); GAAP EPS -$0.27, adjusted EPS -$0.25.
- Adj. operating loss $(3.4)M (adj. margin -1.5%); adj. EBITDA $3.6M (1.5% of adj. sales).
- Reaffirms FY2023 adj. sales $960-$990M, adj. EPS $(0.10)-$0.10, adj. EBITDA margin 5.3%-5.9%.
- Results benefited from $9.1M customer recoveries for electronic component spot buys.

## SEC filing metadata
- accession: 0001043337-23-000036
- form_type: 8-K
- ticker: SRI
- cik: 0001043337
- company_name: STONERIDGE INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043337/000104333723000036/0001043337-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043337/000104333723000036/sri-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001043337-23-000036
- JSON: https://secwatch.observer/filing/0001043337-23-000036.json
- Plain text: https://secwatch.observer/filing/0001043337-23-000036.txt

## Key facts
- Earnings Releases
  STONERIDGE INC reported the first quarter ended March 31, 2023 results: revenue $241.3 million, EPS $(0.27). Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $241.3 million
  - EPS: $(0.27)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Quarter 2023 Results FIRST QUARTER REVENUE AND EARNINGS OUTPERFORM PREVIOUSLY PROVIDED EXPECTATIONS REAFFIRMING 2023 FULL-YEAR GUIDANCE 2023 First Quarter Results • Sales of $241.3 million • Adjusted sales of $232.2 million • Gross profit of $42.8 million • Adjusted gross profit of $43.0 million (18.5% of adjusted sales) • Operating loss of $(4.0) million •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043337/000104333723000036/0001043337-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.