secwatch.observer — SEC 8-K summary
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Issuer:     Cooper-Standard Holdings Inc. (CPS)
CIK:        0001320461
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001320461-21-000104
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320461/000132046121000104/0001320461-21-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320461/000132046121000104/cps-20210804.htm
  HTML page:      https://secwatch.observer/filing/0001320461-21-000104

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