Stoneridge Stock Price, News & Analysis

Stoneridge (NYSE: SRI) has launched its next-generation SE5000 Smart 2 tachograph with integrated OSNMA technology for European commercial vehicles. The system leverages Galileo satellite technology for precise vehicle positioning and includes enhanced security features to prevent GNSS signal spoofing. The new tachograph complies with EU Mobility Package I requirements, which mandate new vehicles to be equipped with second-generation smart tachographs from August 21, 2023, and require retrofitting for international transport vehicles by August 19, 2025.

The upgraded SE5000 Smart 2 features improved software for better performance, reliability, and user experience. The system is available for order, and existing units can be upgraded through a software update.

Stoneridge reported its Q1 2025 financial results with sales of $217.9 million and an adjusted EBITDA of $7.6 million (3.5% of sales). The company experienced notable quarter-to-quarter margin improvements across all segments, with MirrorEye and SMART 2 Tachograph achieving record quarterly sales.

Key financial metrics include:

• Gross profit: $46.3 million (21.2% of sales)
• Operating loss: $(3.2) million
• Net loss: $(7.2) million
• Loss per share: $(0.26)

The company maintained its full-year 2025 guidance, projecting sales of $860-890 million and adjusted EBITDA of $38-42 million. Despite tariff uncertainties, Stoneridge reported positive free cash flow of $4.9 million and implemented strategic measures to mitigate potential tariff impacts. The company's debt position showed total debt of $203.2 million against cash and equivalents of $79.1 million.

Stoneridge (NYSE: SRI), a global supplier of electronic systems and technologies for vehicles, has announced it will host its first quarter 2025 earnings conference call on Thursday, May 1, 2025, at 9:00 a.m. ET. The webcast will feature presentations from president and CEO Jim Zizelman and CFO Matt Horvath.

The Michigan-based company, which specializes in developing safe and efficient electronic systems for on- and off-highway transportation sectors, will make the webcast accessible through the Presentations & Events page in the Investors section of their website.

Stoneridge (NYSE: SRI) announced changes to its Board of Directors, with two longstanding board members, George S. Mayes, Jr. and Paul J. Schlather, retiring for personal reasons. They will not seek reelection as part of the Company's 2025 Slate of Directors.

The Board has decided to reduce its membership from nine to seven by not filling these vacancies. Mayes, who joined in 2012, served as Chairman of the Compliance and Ethics Committee, while Schlather, a board member since 2009, contributed expertise in financial oversight and corporate governance.

William M. Lasky, Chairman of the Board, expressed gratitude for their dedicated service and contributions to Stoneridge, a global designer and manufacturer of electrical and electronic systems for automotive, commercial, off-highway and agricultural vehicle markets.

Stoneridge (NYSE: SRI) has announced a three-year agreement with Direct Energy, an NRG Energy brand, to power its Lexington, Ohio manufacturing facility with 100% renewable energy through renewable energy certificates (RECs). The initiative will generate over 13,000 megawatt hours (MWh) of carbon-free electricity annually, equivalent to eliminating 13.5 million pounds of CO₂ emissions per year.

The RECs will be sourced from a wind facility, demonstrating Stoneridge's commitment to environmental responsibility and operational efficiency. The company's global sustainability efforts extend to other facilities in Manaus, Brazil; Tallinn, Estonia; and Örebro, Sweden, which already utilize green or low-carbon energy sources.

Stoneridge (NYSE: SRI) reported Q4 2024 financial results with sales of $218.2 million and a net loss of $(6.1) million. Full-year 2024 sales reached $908.3 million with a net loss of $(16.5) million.

Key highlights include a $43 million improvement in operating cash flow year-over-year, driven by a $36 million reduction in inventory. The company's MirrorEye® technology is expected to contribute over $50 million in incremental revenue for 2025.

For 2025, Stoneridge projects revenue between $860-890 million with EBITDA guidance of $38-42 million. Looking ahead to 2026, the company targets revenue of at least $975 million and EBITDA of minimum $70 million. The company expects approximately 3.8% decline in OEM market volume versus 2024.

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.