secwatch.observer — SEC 8-K summary
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Issuer:     STONERIDGE INC (SRI)
CIK:        0001043337
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001043337-24-000088
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stoneridge Q1 sales $239.2M, loss per share $(0.22), maintains FY2024 guidance
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- Q1 2024 sales of $239.2M; gross profit $48.4M (20.2% of sales).
- Operating income $0.3M (0.1% of sales); EBITDA $6.6M (2.8% of sales).
- Loss per share $(0.22), impacted by ~$0.13 from non-operating FX, equity interest, and warranty expenses.
- Full-year 2024 guidance maintained: sales $990M-$1,010M; EPS $0.30-$0.40; EBITDA $64M-$70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043337/000104333724000088/0001043337-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043337/000104333724000088/sri-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001043337-24-000088

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