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.


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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