Stoneridge (SRI) Tops Q1 EPS by 5c

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Stoneridge Reports First-Quarter 2015 Results

May 7, 2015 8:55 AM EDT

WARREN, Ohio, May 7, 2015 /PRNewswire/ --

Adjusted EPS from Continuing Operations of $0.17, Excluding an Unusual, Non-Cash Expense Related to CEO Retirement of $2.2 Million, or $0.08 Per Share Results Driven by Continuing Positive Sales Performance from Control Devices and Electronics Segments and Benefit of Debt Refinancing Electronics Sales, Excluding Motherson Sales, Increase by 15.6% on a Constant Currency Basis Electronics and PST Sales and Earnings Negatively Affected by Foreign Currency Movements

Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2015.... More