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Stock impact report

Cooper Standard Provides Update on Financial Liquidity, Announces Date and Details for First Quarter Conference Call

Cooper-Standard Holdings Inc. (CPS) 
Last cooper-standard holdings inc. earnings: 2/24 06:47 pm Check Earnings Report
US:NYSE Investor Relations: ir.cooperstandard.com/investor-relations
Company Research Source: PR Newswire
NORTHVILLE, Mich., April 23, 2020 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS), a leading global supplier of sealing, fuel and brake and fluid transfer systems for transportation and industrial markets, today provided an update on its liquidity and announced the dates and details for its first quarter earnings release and conference call.As of March 31, 2020, Cooper Standard had total liquidity of $465 million, including $302 million of cash on hand and $163 million of availability under its senior asset-based credit ("ABL") facility as amended on March 24, 2020.  There were no borrowings under the ABL as of the end of the first quarter.The Company expects to release full results for the first quarter 2020 after market close on Monday, May 11 and hold a conference call with the financial community on Tuesday, May 12 at 9 a.m. ET. During the conference call, the Company's Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial Officer Jonathan Banas will d Show less Read more
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