{"schema_version":"secwatch.filing_event.v1","accession":"0001320461-24-000075","form_type":"8-K","ticker":"CPS","cik":"0001320461","company_name":"Cooper-Standard Holdings Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.827211+00:00","generated_at":"2026-06-02T16:44:46.806936+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cooper Standard Q1 net loss narrows to $31.7M; adjusted EBITDA up 135% YoY","bullets":["Operating income improved $17.9M to $3.5M; net loss of $31.7M ($1.81/share) vs $130.4M loss a year ago.","Gross profit rose 47.4% to $61.6M; adjusted EBITDA of $29.3M vs $12.5M in Q1 2023.","New product-line segments (Sealing Systems, Fluid Handling Systems) implemented to drive operational improvements.","Credit Agreement amended: $150M revolver extended to May 2029; $30M tranche retains 2025 maturity; pricing step-downs possible at ≤3.5x leverage.","Management sees upside to 2024 guidance; formal update expected with Q2 results."],"urls":{"canonical":"https://secwatch.observer/filing/0001320461-24-000075","json":"https://secwatch.observer/filing/0001320461-24-000075.json","markdown":"https://secwatch.observer/filing/0001320461-24-000075.md","text":"https://secwatch.observer/filing/0001320461-24-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320461/000132046124000075/0001320461-24-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320461/000132046124000075/cps-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T16:44:46.806936+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"84ee741dff4937e4eb83f74938c3ab0805a5f175","claim":"Cooper-Standard Holdings Inc. reported first quarter ended March 31, 2024 results: revenue $676.4, net income $(31.7) million, EPS $(1.81) per diluted share. Guidance raised.","evidence_excerpt":"guidance, assuming industry production volumes hold.” Consolidated Results Three Months Ended March 31, 2024 2023 (dollar amounts in millions except per share amounts) Sales $ 676.4 $ 682.5 Net loss $ (31.7) $ (130.4) Adjusted net loss $ (30.6) $ (46.2) Loss per diluted share $ (1.81) $ (7.57) Adjusted loss per diluted share $ (1.75) $ (2.68) Adjusted EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320461/000132046124000075/0001320461-24-000075-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$676.4"},{"label":"Net income","value":"$(31.7) million"},{"label":"EPS","value":"$(1.81) per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"75270188a50b31cfbfc34ef7f874e72844179c08","claim":"Cooper-Standard Holdings Inc. amended Amendment No. 4 with certain lenders, Bank of America, N.A., as agent (effective 2024-05-06).","evidence_excerpt":"(“CSA”), Cooper-Standard Automotive Canada Limited (the “Canadian Borrower”, and, together with CSA, the “Borrowers”) entered into Amendment No. 4 (the “Fourth Amendment”) to the Third Amended and Restated Loan Agreement (as amended, the “Credit Agreement”) with certain lenders, Bank of America, N.A., as agent (the “Agent”), and other parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320461/000132046124000075/0001320461-24-000075-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"certain lenders, Bank of America, N.A., as agent"},{"label":"Effective","value":"2024-05-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}