Cooper-standard Holdings, Inc. (CPS) Tops Q2 EPS by 48c, Offers Outlook
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Cooper Standard Reports Strong Second Quarter 2015 Results on Margin Improvement in North America and Europe
July 30, 2015 4:30 PM EDTNOVI, Mich., July 30, 2015 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS), the parent company of Cooper Standard Automotive, today reported net income of $36.5 million, or $1.98 per diluted share, and adjusted EBITDA of $97.0 million on sales of $860.8 million for the second quarter of 2015. These results compare to net income of $13.2 million or $0.72 per diluted share and adjusted EBITDA of $91.8 million on sales of $857.6 million in the second quarter of 2014.Â
"Our second quarter results represent another solid step toward achieving our 2015 objectives. In terms of adjusted EBITDA margin, it was our best... More
