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Stoneridge Q1 2023 Earnings Report

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$5.17 -0.17 (-3.18%)
As of 01/31/2025 03:59 PM Eastern

Stoneridge EPS Results

Actual EPS
-$0.25
Consensus EPS
-$0.30
Beat/Miss
Beat by +$0.05
One Year Ago EPS
-$0.27

Stoneridge Revenue Results

Actual Revenue
$241.30 million
Expected Revenue
$224.79 million
Beat/Miss
Beat by +$16.51 million
YoY Revenue Growth
+9.20%

Stoneridge Announcement Details

Quarter
Q1 2023
Time
After Market Closes

SRI Upcoming Earnings

Stoneridge will be holding an earnings conference call on Thursday, February 27 at 9:00 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Stoneridge Earnings Headlines

Is this Elon’s true agenda?
All 10 of the world's biggest money managers follow my work, and the Pentagon, the FBI and Harvard professors have all turned to my business partner and I for our thoughts on the market. And with every investor in America wondering what Elon is going to do now that he's in Washington, this is what we tell them
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About Stoneridge

Stoneridge (NYSE:SRI), together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment also offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories, including parking sensors and rearview cameras; in-vehicle audio and infotainment devices; and driver information systems and telematics solutions. The company provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

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