Cooper-Standard Q2 2021 net loss $63.6M; semiconductor shutdowns hit sales by ~$200M

Cooper-Standard Holdings Inc.

2021-Q2 EPS reported -$5.74

Sales $533.2M; $200M negative impact from semiconductor customer shutdowns.
Net loss $63.6M ($3.73/sh); adjusted net loss $51.1M ($3.00/sh).
Adjusted EBITDA -$14.7M vs -$93.8M in Q2 2020; improved YoY but still negative.
New business awards $91.8M, including $28M on EV platforms; FY 2021 guidance: sales $2.45-$2.60B, adj EBITDA $75-$105M.

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