B. Riley Upgrades Stoneridge (SRI) to Buy

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Go back to B. Riley Upgrades Stoneridge (SRI) to Buy

Stoneridge Reports Strong First-Quarter 2016 Results

May 4, 2016 8:33 AM EDT

WARREN, Ohio, May 4, 2016 /PRNewswire/ --

Reports Earnings Per Share From Continuing Operations of $0.26 Adjusted Earnings Per Share From Continuing Operations of $0.31 Exceeds Adjusted Earnings Per Share From Continuing Operations of $0.17 in the First Quarter of 2015 New Business Launches and Sales on Track to Meet Expectations in 2016 Net New Business Forecast Range Revised Upward to $232.0 Million for 20162020, an Increase of $53.0 Million From February 2016 Estimate

Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2016, with sales of $162.6... More