---
schema_version: "secwatch.filing_event.v1"
accession: "0001320461-24-000014"
form_type: "8-K"
ticker: "CPS"
cik: "0001320461"
company_name: "Cooper-Standard Holdings Inc."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:05:55.157894+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cooper Standard reports Q4 sales up 3.7% to $673.6M; guides FY2024 adjusted EBITDA $180-210M

## Summary
- Q4 net loss $55.2M (-$3.16 diluted EPS); adjusted net loss $31.1M (-$1.79 adjusted EPS).
- FY2023 sales $2.82B (+11.5%); adjusted EBITDA $167.1M, up $129.2M vs 2022.
- Q4 operating cash flow $79.7M improved $105.5M YoY; free cash flow $62.1M.
- FY2024 guidance: sales $2.8-2.9B, adjusted EBITDA $180-210M, capex $75-85M.
- Net new business awards $86.3M in Q4; EV platforms $25.7M.

## SEC filing metadata
- accession: 0001320461-24-000014
- form_type: 8-K
- ticker: CPS
- cik: 0001320461
- company_name: Cooper-Standard Holdings Inc.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320461/000132046124000014/0001320461-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320461/000132046124000014/cps-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001320461-24-000014
- JSON: https://secwatch.observer/filing/0001320461-24-000014.json
- Plain text: https://secwatch.observer/filing/0001320461-24-000014.txt

## Key facts
- Earnings Releases
  Cooper-Standard Holdings Inc. reported full year ended December 31, 2023 results: revenue $2.82 billion, net income Net loss of $202.0 million, EPS $(11.64) per diluted share.
  - Period: full year ended December 31, 2023
  - Revenue: $2.82 billion
  - Net income: Net loss of $202.0 million
  - EPS: $(11.64) per diluted share
  - Result: reported results
  source text: or 4.1% of sales • Net cash provided by operating activities of $79.7 million improved by $105.5 million vs. the fourth quarter of 2022 Full Year 2023 Summary • Sales totaled $2.82 billion, an increase of 11.5% compared to 2022 • Gross profit totaled $290.8 million, an increase of 124.0% compared to 2022 • Net loss of $202.0 million, or $(11.64) per diluted share,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320461/000132046124000014/0001320461-24-000014-index.htm
- Earnings Releases
  Cooper-Standard Holdings Inc. reported fourth quarter ended December 31, 2023 results: revenue $673.6 million, net income Net loss of $55.2 million, EPS $(3.16) per diluted share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $673.6 million
  - Net income: Net loss of $55.2 million
  - EPS: $(3.16) per diluted share
  - Result: reported results
  source text: February 15, 2024 -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the fourth quarter and full year 2023. Fourth Quarter 2023 Summary • Sales totaled $673.6 million, an increase of 3.7% compared to fourth quarter 2022 • Gross profit totaled $64.7 million, an increase of 19.1% compared to fourth quarter 2022 • Net loss of $55.2 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320461/000132046124000014/0001320461-24-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.