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Stoneridge Inc (SRI.N)

SRI.N on New York Stock Exchange

15.68USD
26 May 2017
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$-0.07 (-0.44%)
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Latest Key Developments (Source: Significant Developments)

Stoneridge reports Q1 sales $204.3 million
Wednesday, 3 May 2017 05:58pm EDT 

May 3 (Reuters) - Stoneridge Inc :Stoneridge reports strong first-quarter 2017 results and increases 2017 guidance.Q1 adjusted earnings per share $0.38.Q1 earnings per share $0.32.Q1 sales $204.3 million versus I/B/E/S view $179.6 million.Q1 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.10 to $1.30.Sees 2017 sales of $775.0 - $795.0 million.Stoneridge Inc -Revised 2017 gross margin guidance to 28.5% - 30.5%, operating margin guidance to 7.0% - 8.0%, ebitda margin guidance to 10.5% - 11.5%.  Full Article

Stoneridge reports Q3 earnings per share $0.36
Thursday, 27 Oct 2016 08:31am EDT 

Stoneridge Inc : Stoneridge reports strong third-quarter 2016 results . Q3 earnings per share $0.36 from continuing operations . Q3 sales rose 7.3 percent to $173.8 million . Q3 earnings per share view $0.36 -- Thomson Reuters I/B/E/S . Stoneridge Inc- reaffirmed 2016 full-year gross margin, operating margin, earnings per share and EBITDA guidance . Stoneridge Inc-for FY 2016, revised sales guidance slightly lower to range of $690.0-$700.0 million .FY 2016 revenue view $712.0 million -- Thomson Reuters I/B/E/S.  Full Article

Stoneridge names Robert Krakowiak as Chief Financial Officer
Monday, 29 Aug 2016 08:30am EDT 

Stoneridge Inc : Stoneridge appoints Robert R. Krakowiak as chief financial officer and treasurer . Krakowiak succeeds George Strickler .Strickler will remain with company as executive vice president in charge of growth initiatives.  Full Article

Stoneridge says entered amendment to third amended and restated credit agreement
Wednesday, 17 Aug 2016 02:49pm EDT 

Stoneridge Inc : On August 12, co entered into amendment no. 3 to third amended and restated credit agreement . Amendment extends of expiration date of agreement by two years from september 12, 2019 to september 12, 2021 - sec filing . Amendment increases borrowing sub-limit for company's foreign subsidiaries by $30.0 million from $50.0 million to $80.0 million .Amendment increases basket of permitted loans and investments in foreign subsidiaries by $5.0 million from $25.0 million to $30.0 million.  Full Article

Stoneridge Q2 earnings per share $0.41 from continuing operations
Tuesday, 2 Aug 2016 08:54am EDT 

Stoneridge Inc : Q2 sales rose 13.1 percent to $186.9 million . On a constant currency basis, second-quarter sales increased by $24.2 million, or 14.6 pct, compared with Q2 of 2015 . Have also adjusted 2016 earnings guidance upward to reflect higher profitability on a slightly lower sales expectation . Sees FY adjusted EPS $1.25 - $1.40 . Q2 earnings per share $0.41 from continuing operations . Full-Year 2016 EPS guidance revised upward . Q2 earnings per share view $0.32, revenue view $181.9 million -- Thomson Reuters I/B/E/S . Sees FY sales $705 - $715 million .FY2016 earnings per share view $1.32, revenue view $724.3 million -- Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Stoneridge reports Q1 sales $204.3 million

* Stoneridge reports strong first-quarter 2017 results and increases 2017 guidance