secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cooper-Standard Holdings Inc. (CPS)
CIK:        0001320461
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001320461-22-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cooper-Standard Q4 net loss $102.2M; full-year adj. EBITDA -$8M; 2022 guidance $50-60M
--------------------------------------------------------------------------------

- Q4 sales $601.3M (-14% YoY); net loss $102.2M ($5.98 loss per share) vs $27.2M loss a year ago.
- Full-year 2021 sales $2.33B, net loss $322.8M; adjusted EBITDA negative $8.0M vs +$35.7M in 2020.
- 2022 guidance: sales $2.6-2.8B, adjusted EBITDA $50-60M; capex $90-100M.
- New business awards of $186M in 2021, including $106M on EV platforms; cost savings $81M.
- Cash $248M, liquidity $396M; headwinds from semiconductor shortages, higher material and labor costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320461/000132046122000019/0001320461-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320461/000132046122000019/cps-20220217.htm
  HTML page:      https://secwatch.observer/filing/0001320461-22-000019

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