Cooper-Standard Q2 net loss $33.2M, sales +13.6% to $605.9M; reaffirms adj. EBITDA guide

Cooper-Standard Holdings Inc.

2022-Q2 EPS reported -$5.51

Diluted loss per share $(1.93); adjusted loss $(3.40); adjusted EBITDA negative $(10.4)M.
Sales up 13.6% YoY to $605.9M on favorable volume/mix and material cost recoveries.
Full-year sales guidance lowered to $2.5-2.7B (prior $2.6-2.8B); adj. EBITDA reaffirmed at $50-60M.
Net new business awards of $57M, including $39M on electric vehicle platforms.
Cash and liquidity of $250M and $407M respectively; expects sufficient resources.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.