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Stoneridge Reports Third-Quarter 2021 Results

PR Newswire - Wed Oct 27, 2021

NOVI, Mich., Oct. 27, 2021 /PRNewswire/ --

2021 Third-Quarter Results   

2021 Full-year Guidance Update

Stoneridge, Inc. (NYSE:SRI) today announced financial results for the third quarter ended September 30, 2021, with sales of $181.7 million and loss per share ("EPS") of ($0.38). Adjusted EPS was ($0.27) for the third quarter, considering normalizing adjustments primarily related to fair value adjustments, restructuring and business realignment expenses and the adjustment to the tax impact related to the sale of the Company's Canton, Massachusetts facility. The exhibits attached hereto containing Regulation G reconciliations provide additional detail on the normalizing adjustments.      

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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