earnings
confidence high
sentiment positive
materiality 0.70
Stoneridge Q2 sales up 15% to $181.4M; MirrorEye revenue record $37M; net loss narrows
STONERIDGE INC
- Net loss from continuing ops of $5.3M ($0.19/sh) vs. $11.1M loss ($0.40/sh) a year ago.
- Adjusted EBITDA of $5.5M, best quarterly performance in 24 months.
- Record MirrorEye revenue of ~$37M (+39% YoY); Stoneridge Brazil record $20.5M.
- Company reaffirms full-year 2026 guidance ranges.
- CEO Natalia Noblet cites disciplined execution and cost structure improvement.