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Stoneridge Inc. - SRI STOCK NEWS

Welcome to our dedicated news page for Stoneridge (Ticker: SRI), a resource for investors and traders seeking the latest updates and insights on Stoneridge.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stoneridge's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stoneridge's position in the market.

Rhea-AI Summary
Stoneridge, Inc. will host its first-quarter 2024 earnings conference call on May 2, 2024, featuring president Jim Zizelman and CFO Matt Horvath. The webcast can be accessed on the company's website. Stoneridge is a global manufacturer of electrical systems for various vehicle markets.
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Stoneridge, Inc. releases its inaugural sustainability report showcasing progress in environmental, social, and governance initiatives, including a significant reduction in GHG emissions and achievement of various sustainability goals.
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Cargo Transporters, Inc. adopts Stoneridge, Inc.'s MirrorEye® Camera Monitor System, enhancing road safety and operational efficiency. The system provides improved visibility in all weather conditions, reduced blind spots, and enhanced night vision. The company's commitment to safety is evident through this milestone.
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Stoneridge, Inc. (SRI) appoints Troy Cooprider as Chief Technology Officer, bringing over 30 years of automotive electronics experience. Cooprider will lead strategic technology initiatives, product roadmaps, and global engineering oversight, aiming to drive innovation and growth. Stoneridge emphasizes Cooprider's role in advancing safe and efficient mobility standards.
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Stoneridge, Inc. achieves Q4 sequential EPS improvement in line with prior expectations, establishes 2024 revenue guidance of $1 billion, and sets 2028 revenue target of $1.35 - $1.55 billion. The company reported sales of $229.5 million and earnings per share of $0.11 for the fourth quarter of 2023, with adjusted sales of $229.4 million and adjusted earnings per share of $0.12. Stoneridge maintains a strong financial position with a focus on operational improvements, cost reductions, and efficient cash generation to drive continued growth.
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Stoneridge Inc. announces the launch of its MirrorEye® Camera Monitor System on Volvo's new heavy-duty truck platforms, aiming to reduce CO2 emissions and enhance safety. The system replaces traditional mirrors with digital cameras, offering a wider field of view and improving aerodynamics. Volvo FH Aero and All-New VNL models will feature MirrorEye, contributing to increased safety and efficiency in trucking operations.
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Stoneridge, Inc. (SRI) will webcast its Q4 2023 earnings conference call on February 29, 2024, with key executives. The company specializes in electrical systems for various vehicle markets.
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Stoneridge, Inc. (NYSE: SRI) announced the renewal of its FMCSA exemption for its MirrorEye Camera Monitor System for an additional five years. The exemption allows trucks equipped with MirrorEye to remove conventional rear-view mirrors and operate with a system of cameras and digital displays. The renewal reinforces the system's benefits in fuel economy and safety, providing enhanced visibility and reducing accidents. The company has partnered with over 40 fleets in North America and integrated MirrorEye on original equipment commercial truck and bus platforms in North America and Europe.
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Stoneridge, Inc. (NYSE: SRI) has released its first Task Force for Climate-Related Financial Disclosures (TCFD) report, aligning with the disclosure recommendations of the TCFD. The report details efforts to address climate-related risks and opportunities in governance, strategy, risk management, and metrics and targets. The International Financial Reporting Standards (IFRS) Foundation is monitoring companies' progress on TCFD recommendations. Stoneridge aims to understand and manage climate-related risks as a global transportation industry supplier. The company plans to expand on environmental, social, and governance topics in its upcoming Sustainability Report.
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Stoneridge, Inc. (NYSE: SRI) announced their participation in the Stephens Annual Investment Conference with a fire-side chat on November 14, 2023. The company will showcase MirrorEye®-equipped truck capabilities, including the multi-feature camera wing, connected trailer-camera solution, and digital video recording. They will also demonstrate the system's latest vision enhancements and driver assistance technologies, aiming to support safer driving and avoid incremental costs.
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Stoneridge Inc.

NYSE:SRI

SRI Rankings

SRI Stock Data

440.99M
24.14M
4.31%
101.83%
2.55%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Novi

About SRI

stoneridge, inc. is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, medium and heavy-duty truck, agricultural and off-highway vehicle markets. the company conducts its business in two segments: electronics and control devices. the core products of the electronics reportable segment include vehicle electrical power and distribution systems, and electronic instrumentation and information display products. the core products of the control devices reportable segment include electronic and electrical switch products, control actuation devices and sensors.