Stoneridge, Inc. (SRI) News
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Latest SRI News From Around the Web
Below are the latest news stories about STONERIDGE INC that investors may wish to consider to help them evaluate SRI as an investment opportunity.
Stoneridge (NYSE:SRI) Will Be Looking To Turn Around Its ReturnsIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop... |
Here’s Why Meridian Small Cap Growth Fund Maintained its Position in Stoneridge (SRI)Meridian Funds, managed by ArrowMark Partners, released its “Meridian Small Cap Growth Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The significant move of the Fed to cut interest rates helped stabilize the market. Small caps outperformed large caps in the quarter. The fund returned 6.15% (net) in […] |
Stoneridge to Present at the 2024 Stephens Annual Investment ConferenceStoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the Stephens Annual Investment Conference. The event will feature a fireside chat at 2:00 p.m. ET (1:00 p.m. CT) on Tuesday, November 19, 2024, in Nashville, Tennessee. Details on how to join the presentation via webcast will be posted to the "Presentations & Events" section of the Company's website (www.stoneridge.com) prior to the |
Stoneridge price target lowered to $16 from $25-$30 at BarringtonBarrington analyst Gary Prestopino lowered the firm’s price target on Stoneridge (SRI) to $16 from $25-$30 and keeps an Outperform rating on the shares. The company’s Q3 results missed estimates due to lower than expected volumes in both Control Devices and Electronics, the analyst tells investors in a research note. The firm says Stoneridge’s 2024 guidance was reduced as its market challenges continue. Published first on TheFly – the ultimate source for real-time, market-moving breaking financi |
Stoneridge Inc (SRI) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...Despite a revenue dip, Stoneridge Inc (SRI) focuses on cash generation, inventory reduction, and strategic technology advancements to drive future growth. |
Stoneridge Third Quarter 2024 Earnings: Misses ExpectationsStoneridge ( NYSE:SRI ) Third Quarter 2024 Results Key Financial Results Revenue: US$213.8m (down 10% from 3Q 2023... |
Stoneridge: Q3 Earnings SnapshotNOVI, Mich. AP) — Stoneridge Inc. SRI) on Wednesday reported a loss of $7.1 million in its third quarter. |
Stoneridge Reports Third Quarter 2024 ResultsStoneridge, Inc. (NYSE: SRI) today announced financial results for the third quarter ended September 30, 2024, with sales of $213.8 million, gross profit of $44.5 million and adjusted gross profit of $44.6 million (20.9% of sales). Operating income was $0.3 million resulting in adjusted operating income of $0.7 million (0.3% of sales). Income tax expense was $3.4 million resulting in adjusted income tax expense of $3.5 million. Loss per share was $(0.26) and adjusted EPS was $(0.24). Adjusted EB |
Stoneridge Announces Next MirrorEye® Program on New Freightliner Fifth Generation CascadiaStoneridge, Inc. (NYSE: SRI) today announced the availability of its next MirrorEye® Camera Monitor System program on Daimler Truck North America's (DTNA) new fifth generation Freightliner Cascadia, which begins series production in mid-2025. The MirrorCam System, DTNA's branded camera monitor system is built on Stoneridge's industry-leading MirrorEye technology and is designed to enhance driver awareness by augmenting traditional mirrors with external cameras and in-cab digital monitors to offe |
DB Schenker Pilots Stoneridge's MirrorEye® Camera Monitor System on North American FleetStoneridge, Inc. (NYSE: SRI) today announced that DB Schenker, a global leader in supply chain management and logistics, is piloting its MirrorEye® Camera Monitor System (CMS) on its North American fleet. The initial pilot program is underway and includes 75 trucks. Assuming a successful pilot program, DB Schenker intends to expand the implementation of MirrorEye across its entire North American fleet. |