AP NEWS

Stoneridge: 2Q Earnings Snapshot

August 2, 2018

NOVI, Mich. (AP) _ Stoneridge Inc. (SRI) on Wednesday reported second-quarter earnings of $15.1 million.

The Novi, Michigan-based company said it had net income of 52 cents per share. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The maker of electronic components for the automotive and other markets posted revenue of $220.6 million in the period.

Stoneridge shares have risen 49 percent since the beginning of the year. The stock has more than doubled in the last 12 months.

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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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