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Stock impact report

Stoneridge Inc (SRI) Reports Q4 2023 Results and Provides 2024 Outlook [Yahoo! Finance]

Stoneridge, Inc. (SRI) 
Last stoneridge, inc. earnings: 10/30 06:01 pm Check Earnings Report
US:NYSE Investor Relations: stoneridge.com/investor-presentations
Company Research Source: Yahoo! Finance
Q4 2023 Operating Income : Operating income of $6.0 million and adjusted operating income of $6.2 million (2.7% of adjusted sales). Q4 2023 EBITDA : Adjusted EBITDA of $15.6 million (6.8% of adjusted sales). Q4 2023 Earnings Per Share : EPS of $0.11 and adjusted EPS of $0.12. 2024 Full-Year Guidance : Midpoint sales of $1 billion, midpoint EBITDA of $67 million, and midpoint EBITDA margin of 6.7%. 2028 Revenue and EBITDA Margin Target : $1.35 - $1.55 billion in revenue and EBITDA margin target of 12.0% - 14.0%. Warning! GuruFocus has detected 5 Warning Signs with SRI. On February 28, 2024, Stoneridge Inc ( NYSE:SRI ), a leading manufacturer of electrical and electronic components for the automotive sector, released its 8-K filing , detailing the company's financial performance for the fourth quarter of 2023. The company, which specializes in products such as driver information systems, camera-based vision systems, and electronic control units, primarily serves the North A Show less Read more
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