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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPS at https://www.zacks.com/ap/CPS

Categories: Business News