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Stock impact report

Superior Reports Full Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]

Superior Industries International, Inc. (DE) (SUP) 
Last superior industries international, inc. (de) earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: supind.com/investor.html
Company Research Source: Yahoo! Finance
Net Sales decreased 16% YoY to $1,385M (up 2% before giving effect to lower cost of aluminum and Deconsolidation of Subsidiary Value-Added Sales Adjusted for FX and Deconsolidation of Subsidiary of $740M flat YoY Net Loss of $93M ($80M non-cash charge for Deconsolidation of Subsidiary and $23M of restructuring charges) Adjusted EBITDA decreased to $159M Cash Flow Provided by Operating Activities declined to $64M Unlevered Free Cash Flow of $80M Content per Wheel of $50.84, up 3% YoY Fourth Quarter 2023 Financial Highlights: Net Sales decreased 23% YoY to $309M (decreased 4% before giving effect to lower cost of aluminum and Deconsolidation of Subsidiary Value-Added Sales Adjusted for FX and Deconsolidation of Subsidiary decreased 14% YoY to $165M Net Loss of $2M ($7M of restructuring charges) Adjusted EBITDA decreased to $23M Cash Flow Provided by Operating Activities of $44M Unlevered Free Cash Flow of $50M SOUTHFIELD, Mich., March 07, 2024 BUSINESS WIRE Show less Read more
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