Welcome to our dedicated page for Stoneridge news (Ticker: SRI), a resource for investors and traders seeking the latest updates and insights on Stoneridge stock.
Stoneridge, Inc. (NYSE: SRI) is a Novi, Michigan-based global supplier of electronic systems and technologies for transportation, and its news flow reflects developments across its Electronics, Control Devices and Stoneridge Brazil segments. Company press releases and SEC filings highlight product launches, segment performance, strategic reviews and capital structure updates that are relevant for investors and industry observers following SRI stock news.
Recent news emphasizes Stoneridge’s focus on advanced driver information and vision systems, including its MirrorEye camera monitor system, which replaces traditional side-view mirrors with cameras and in-cabin displays. The company reports record MirrorEye sales, new OEM program launches in North America and Europe and the introduction of MirrorEye Multi-Purpose II for buses, coaches and rigid vehicles in Europe, with features such as BSIS, MOIS and digital video output to support safety and regulatory compliance.
Stoneridge also issues news on its SE5000 Smart 2 tachograph for European commercial vehicles, including a next-generation version integrated with OSNMA technology to authenticate GNSS signals and meet EU Mobility Package I requirements. Additional announcements cover significant new business awards in Electronics and Stoneridge Brazil, such as global MirrorEye program extensions and electronic control unit awards for infotainment programs, with the company providing estimated lifetime revenue figures for these programs.
For those tracking SRI news, updates also include quarterly earnings results, guidance changes, cash flow and debt metrics, amendments to the company’s credit facility and a strategic review of the Control Devices business. Stoneridge regularly announces the timing and webcast details of its earnings conference calls and participation in investor conferences, giving investors multiple touchpoints to follow the company’s financial and strategic updates.
Stoneridge (NYSE: SRI), a global supplier of electronic systems for vehicles, announced it will host its fourth quarter 2024 earnings conference call on Thursday, February 27, 2025, at 9:00 a.m. ET. The webcast will feature presentations from president and CEO Jim Zizelman and CFO Matt Horvath.
Investors can access the webcast through the Presentations & Events page in the Investors section of Stoneridge's website. The company, headquartered in Novi, Michigan, specializes in providing safe and efficient electronic systems and technologies for on- and off-highway transportation sectors worldwide.
Stoneridge (NYSE: SRI) announced its participation in the 2024 Stephens Annual Investment Conference, featuring a fireside chat on November 19, 2024, in Nashville. The company will showcase its Innovation Truck, demonstrating advanced technologies including:
- MirrorEye® camera monitor system
- AI-powered driver assistance features
- Intelligent connected trailer system with HD cameras and sensors
- Enhanced cockpit displays with 360-degree visibility
- Multi-feature camera wings with integrated signals
The Innovation Truck represents Stoneridge's commitment to advancing vehicle safety, efficiency, and driver comfort through technological innovation. Conference participants can experience these features through ride-along demonstrations.
Stoneridge (NYSE: SRI) reported Q3 2024 financial results with sales of $213.8 million, gross profit of $44.5 million, and adjusted EBITDA of $9.2 million. The company reported a loss per share of $(0.26) and adjusted EPS of $(0.24). Notably, MirrorEye will become standard equipment on several European truck platforms and will launch with Daimler Truck North America in mid-2025. The company updated its 2024 guidance, projecting revenue of $895-905 million, adjusted EBITDA of $42-44 million, and adjusted EPS of $(0.35)-$(0.40), reflecting reduced market expectations across end markets.
Stoneridge (NYSE: SRI) announced its MirrorEye® Camera Monitor System will be available on Daimler Truck North America's new fifth generation Freightliner Cascadia, starting production in mid-2025. This marks Stoneridge's third North American OEM program with factory-installed camera monitor systems. The MirrorCam System features independent camera wings with high mounting positions, three high-resolution in-cab displays, automatic trailer position adjustment, and infrared technology with hydrophobic coatings. The system enhances driver awareness, reduces blind spots, and improves fuel efficiency through aerodynamic design.
Stoneridge, Inc. (NYSE: SRI) announced that DB Schenker is piloting its MirrorEye® Camera Monitor System (CMS) on 75 trucks in its North American fleet. MirrorEye replaces traditional mirrors with integrated cameras and monitors, enhancing safety by reducing blind spots and improving vision in challenging conditions. The system also includes digital video recording and retrieval capabilities.
DB Schenker aims to enhance driver safety and improve fuel efficiency by eliminating traditional mirrors. This aligns with their emissions reduction efforts for CO2 savings in land transportation. If the pilot is successful, DB Schenker plans to expand MirrorEye implementation across its entire North American fleet.
The collaboration supports DB Schenker's commitment to safety and sustainability in fleet operations, while showcasing Stoneridge's focus on driver and fleet-oriented technology offering improved visibility and operational efficiency.
Stoneridge (NYSE: SRI) has announced it will webcast its third quarter 2024 earnings conference call on Thursday, October 31, 2024, at 9:00 a.m. ET. The call will feature president and CEO Jim Zizelman and CFO Matt Horvath. Investors can access the webcast through the Presentations & Events page in the Investors section of the company's website, www.stoneridge.com.
Stoneridge, headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modules for the automotive, commercial, off-highway and agricultural vehicle markets.
Stoneridge, Inc. (NYSE: SRI), a global designer and manufacturer of electrical and electronic systems for various vehicle markets, has announced its participation in the CL King's 22nd Annual Best Ideas Conference. Jim Zizelman, president and CEO, and Matt Horvath, CFO, will engage in a fireside chat on Monday, September 16, 2024, at 2:45 p.m. ET.
The company, headquartered in Novi, Michigan, will provide webcast details for the presentation on its website's 'Presentations & Events' section prior to the event. Stoneridge specializes in highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, and agricultural vehicle markets.
Stoneridge (NYSE: SRI) reported Q2 2024 financial results with sales of $237.1 million and EPS of $0.10. Adjusted EPS was $0.17. The company achieved significant margin expansion, with gross profit of $53.7 million (22.7% of sales), operating income of $3.4 million, and adjusted EBITDA of $16.1 million (6.8% of sales). Stoneridge updated its full-year 2024 guidance, reducing revenue expectations but increasing gross margin projections. The company now forecasts revenue of $940-$970 million, gross margin of 22.75-23.0%, adjusted operating margin of ~2.75%, and adjusted EPS of $0.18-$0.28. Stoneridge highlighted the launch of its MirrorEye OEM systems with Volvo and Peterbilt, expecting volumes to accelerate in the second half of 2024.
Stoneridge (NYSE: SRI), a global designer and manufacturer of electrical and electronic systems for various vehicle markets, has announced its participation in the 2024 J.P. Morgan Auto Conference in New York City. Jim Zizelman, president and CEO, and Matt Horvath, CFO, will present on Wednesday, August 7, 2024, at 9:35 a.m. ET.
The presentation will be available via live webcast, with details accessible on Stoneridge's website prior to the event. This conference provides an opportunity for Stoneridge to showcase its expertise in highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, and agricultural vehicle markets.
Headquartered in Novi, Michigan, Stoneridge continues to demonstrate its commitment to engaging with investors and industry professionals through participation in such prominent events.
Stoneridge, Inc. (NYSE: SRI), a global designer and manufacturer of electrical and electronic systems for various vehicle markets, has announced its upcoming second quarter 2024 earnings conference call. The call will be webcast live on Thursday, August 1, 2024, at 9:00 a.m. ET. President and CEO Jim Zizelman, along with CFO Matt Horvath, will lead the presentation.
Investors and interested parties can access the webcast through the Presentations & Events page in the Investors section of Stoneridge's website. This event provides an opportunity for stakeholders to gain insights into the company's financial performance and future outlook.