Stoneridge (SRI) Tops Q2 EPS by 9c

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Stoneridge Reports Strong Second-Quarter 2016 Results

August 2, 2016 8:54 AM EDT

WARREN, Ohio, Aug. 2, 2016 /PRNewswire/ --

Reports Earnings Per Share From Continuing Operations of $0.41, an increase of $0.16 per share or 64.0% compared with 2Q15 Sales of $186.9 million increased by $21.6 million or 13.1% compared with 2Q15 Operating Income of $13.6 million increased by $6.2 million or 83.8% compared with 2Q15 New program sales providing expected operating margin leverage Full-Year 2016 EPS Guidance revised upward

Stoneridge, Inc. (NYSE: SRI) today announced financial results for the second quarter ended June 30, 2016, with sales of $186.9 million and earnings per diluted share from... More