secwatch.observer — SEC 8-K summary
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Issuer:     Cooper-Standard Holdings Inc. (CPS)
CIK:        0001320461
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001320461-22-000106
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320461/000132046122000106/0001320461-22-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320461/000132046122000106/cps-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001320461-22-000106

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