secwatch.observer — SEC 8-K summary
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Issuer:     Cooper-Standard Holdings Inc. (CPS)
CIK:        0001320461
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001320461-23-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cooper-Standard Q4 net loss improves to $88M; FY2023 EBITDA guidance $150-175M
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- Q4 sales $649.3M (+$48M YoY); net loss $(88.1)M vs $(102.2)M prior year.
- Full year net loss $(215.4)M, improved $107.5M from FY2021; adj EBITDA $37.9M vs $(8.0)M.
- New EV platform awards total $198M for full year 2022.
- Completed refinancing extending debt maturities to 2027; year-end cash $186.9M, liquidity $342.1M.
- FY2023 guidance: sales $2.6-2.8B, adj EBITDA $150-175M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320461/000132046123000044/0001320461-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320461/000132046123000044/cps-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001320461-23-000044

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