Stoneridge Inc. Q2 adjusted earnings of $0.55 per share

Stoneridge Inc. (SRI) revealed a profit for its second quarter that rose from the same period last year.

The company’s bottom line came in at $15.12 million, or $0.52 per share. This compares with $9.02 million, or $0.32 per share, in last year’s second quarter.

Excluding items, Stoneridge Inc. reported adjusted earnings of $16.0 million or $0.55 per share for the period.

The company’s revenue for the quarter rose 5.5% to $220.60 million from $209.11 million last year.

Stoneridge Inc. earnings at a glance:

-Revenue (Q2): $220.60 Mln vs. $209.11 Mln last year.

by RTTNews Staff Writer

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