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Stoneridge, Inc - $SRI STOCK NEWS

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.

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. (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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
conferences
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Rhea-AI Summary
Stoneridge, Inc. has entered into a new three-year $275 million Senior Secured Revolving Credit Facility with a group of six banks, replacing the prior facility. The new Facility maintains an accordion feature that allows the Company to increase availability by up to $150 million. The CFO expects continued growth and earnings expansion and appreciates the support of banking partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
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none
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Rhea-AI Summary
Stoneridge, Inc. reports strong third-quarter performance with sales of $238.2 million and adjusted earnings per share of $0.10. The company expects sales growth of at least 5% in 2024, outperforming end-markets. Refining previous guidance, the company anticipates adjusted sales of $965.0 - $975.0 million for the full year. Stoneridge is focused on margin improvement and program launches for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
Tags
Rhea-AI Summary
Stoneridge, Inc. to broadcast its third-quarter 2023 conference call on the web
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.19%
Tags
none
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Rhea-AI Summary
Stoneridge, Inc. to participate in CL King's conference on September 18, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
conferences
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Rhea-AI Summary
Stoneridge's facility in Suzhou, China receives the 2023 Greater Suzhou Best Employer Award, ranking in the Top 5 of over 300 companies. The facility employs over 500 people and produces electronic systems and components for automotive markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.25%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.08%
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-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
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conferences
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Rhea-AI Summary
Stoneridge, Inc. will webcast its second-quarter 2023 earnings conference call live on August 3, 2023. The webcast can be accessed on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
Tags
conferences
Stoneridge, Inc

NYSE:SRI

SRI Rankings

SRI Stock Data

409.45M
24.14M
4.31%
101.83%
2.55%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
United States of America
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.