Stoneridge: Q1 Earnings Snapshot

NOVI, Mich. (AP) _ Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.7 million in its first quarter.

On a per-share basis, the Novi, Michigan-based company said it had a loss of 28 cents. Losses, adjusted for non-recurring costs, were 27 cents per share.

The maker of electronic components for the automotive and other markets posted revenue of $221.1 million in the period.

Stoneridge expects full-year results to range from a loss of 15 cents per share to earnings of 10 cents per share, with revenue in the range of $860 million to $900 million.


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

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