Cooper-Standard: Q2 Earnings Snapshot
NORTHVILLE, Mich. (AP) _ Cooper-Standard Holdings Inc. (CPS) on Wednesday reported a loss of $63.6 million in its second quarter.
The Northville, Michigan-based company said it had a loss of $3.73 per share. Losses, adjusted for one-time gains and costs, came to $3 per share.
The auto parts supplier posted revenue of $533.2 million in the period.
Cooper-Standard expects full-year revenue in the range of $2.45 billion to $2.6 billion.
Cooper-Standard shares have fallen 25% since the beginning of the year. The stock has more than doubled in the last 12 months.