Stoneridge Q3 sales falls

Stoneridge

05/11/2025 22:43

Overview

Stoneridge Q3 sales of $210.3 mln down from $213.8 mln, net loss of $9.4 mln

Company updates full-year revenue guidance to low end due to production volume reductions

Stoneridge announces new program awards totaling over $185 mln lifetime revenue

Outlook

Stoneridge updates full-year 2025 revenue guidance to $860 mln - $870 mln

Company revises adjusted EBITDA guidance to $30 mln - $32 mln

Result Drivers

MIRROREYE GROWTH - Co reports MirrorEye sales increased by 78% YTD, contributing positively despite macroeconomic challenges

NEW PROGRAM AWARDS - Co announces new program awards totaling over $185 mln in estimated lifetime revenue

BRAZIL SALES INCREASE - Higher OEM and aftermarket sales in Brazil drove a 23.5% increase in Q3 sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$210.30 mln
Q3 Gross Profit
$42.80 mln
Q3 Operating Income
-$3.30 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Press Release: ID:nPnY140Ta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)