Associated tags: SRI, Stoneridge Investment Partners v. Scientific-Atlanta, Inc., NYSE, Webcast
Locations: RICHMOND, VA, US, FRANCE, NEW YORK, NEW YORK CITY, SUZHOU, MICHIGAN, AFRICA, NORTH AMERICA, EUROPE, AUSTRALIA, ASIA
NOVI, Mich., April 18, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its first-quarter 2024 earnings conference call live on Thursday, May 2, 2024, at 9:00 a.m.
Key Points:
- NOVI, Mich., April 18, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its first-quarter 2024 earnings conference call live on Thursday, May 2, 2024, at 9:00 a.m.
- ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath.
- The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com .
- Additional information about Stoneridge can be found at www.stoneridge.com .
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Wednesday, April 10, 2024
NOVI, Mich., April 10, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today published its inaugural sustainability report which highlights the company's global progress related to its environmental, social, and governance (ESG) initiatives through fiscal year 2023.
Key Points:
- NOVI, Mich., April 10, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today published its inaugural sustainability report which highlights the company's global progress related to its environmental, social, and governance (ESG) initiatives through fiscal year 2023.
- "Stoneridge's inaugural Sustainability Report is a milestone in our company's history as it reflects our commitment to integrating sustainable practices throughout our business," said Jim Zizelman, president and CEO, Stoneridge, Inc. "We're proud of the progress we have made thus far and look forward to continuing to share the work Stoneridge is doing to positively impact the world around us."
- The Company's four sustainability pillars – Our Products, Our Operations, Our People, and Our Governance – are the foundation of this report, and the areas in which Stoneridge reports its performance.
- Accomplishments highlighted in the 2023 Sustainability report include:
18.6% reduction of Absolute Scope 1 and Scope 2 GHG Emissions against a 2019 baseline, exceeding initial targeted reduction by 3.6%
For more information on the company's sustainability initiatives and to view the full 2023 report, visit www.Stoneridge.com/Sustainability .
CLAREMONT, N.C., March 22, 2024 /PRNewswire/ -- Cargo Transporters, Inc., a truckload, dry van carrier is proud to announce the adoption of Stoneridge, Inc.'s (NYSE: SRI) MirrorEye® Camera Monitor System (CMS), a cutting-edge system designed to provide the driver with a more complete view of operating conditions over traditional truck mirrors.
Key Points:
- CLAREMONT, N.C., March 22, 2024 /PRNewswire/ -- Cargo Transporters, Inc., a truckload, dry van carrier is proud to announce the adoption of Stoneridge, Inc.'s (NYSE: SRI) MirrorEye® Camera Monitor System (CMS), a cutting-edge system designed to provide the driver with a more complete view of operating conditions over traditional truck mirrors.
- This milestone marks a significant advancement in the company's ongoing commitment to enhancing road safety and operational efficiency.
- MirrorEye offers numerous advantages over conventional mirrors, including improved visibility in all weather conditions, reduced blind spots, and enhanced night vision.
- By providing a wider field of view, the system greatly improves drivers' ability to detect and respond to road hazards.
NOVI, Mich., March 14, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced the appointment of Troy Cooprider to the position of chief technology officer.
Key Points:
- NOVI, Mich., March 14, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced the appointment of Troy Cooprider to the position of chief technology officer.
- Cooprider will set the company's strategic technology and product roadmaps and support future innovation and growth through oversight of the global engineering function.
- Most recently, he was vice president of global technology at Stoneridge, responsible for leading product innovation, advanced engineering, and technology strategy.
- Cooprider earned a bachelor's degree in electrical and electronics engineering from Rose-Hulman Institute of Technology.
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Tuesday, February 27, 2024
NOVI, Mich., Feb. 27, 2024 /PRNewswire/ -- Stoneridge Inc. (NYSE: SRI) today announced its MirrorEye® Camera Monitor System will launch on Volvo's all-new heavy-duty truck platforms. The system will be featured on the Volvo FH Aero in Europe, Australia, Asia, and Africa and the All-New VNL in North America.
Key Points:
- Industry-leading vision system technology to be featured on FH Aero, All-New VNL models
NOVI, Mich., Feb. 27, 2024 /PRNewswire/ -- Stoneridge Inc. (NYSE: SRI) today announced its MirrorEye® Camera Monitor System will launch on Volvo's all-new heavy-duty truck platforms.
- The system will be featured on the Volvo FH Aero in Europe, Australia, Asia, and Africa and the All-New VNL in North America.
- "We're proud to support and advance Volvo's drive to net-zero emissions," said Jim Zizelman, president and CEO of Stoneridge.
- For more information and technical specs about the Volvo All-New VNL platform, click here .
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Thursday, February 15, 2024
NOVI, Mich., Feb. 15, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its fourth-quarter 2023 earnings conference call live on Thursday, February 29, 2024, at 9:00 a.m.
Key Points:
- NOVI, Mich., Feb. 15, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its fourth-quarter 2023 earnings conference call live on Thursday, February 29, 2024, at 9:00 a.m.
- ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath.
- The webcast can be accessed on the Webcasts & Presentations page of the Investors section of the Company's website, www.stoneridge.com .
- Additional information about Stoneridge can be found at www.stoneridge.com .
NOVI, Mich., Feb. 2, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced today that its Federal Motor Carrier Safety Association (FMCSA) exemption for its MirrorEye® Camera Monitor System (CMS) has been renewed for an additional five years.
Key Points:
- NOVI, Mich., Feb. 2, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced today that its Federal Motor Carrier Safety Association (FMCSA) exemption for its MirrorEye® Camera Monitor System (CMS) has been renewed for an additional five years.
- "This exemption renewal reinforces the benefits of our MirrorEye system from both a fuel economy and safety perspective," said Jim Zizelman, president and CEO of Stoneridge.
- MirrorEye was the first camera monitor system to receive this exemption.
- To view the complete exemption renewal, please visit the FMCSA posting here .
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Tuesday, November 7, 2023
NOVI, Mich., Nov. 7, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the Stephens Annual Investment Conference with a fire-side chat at 5:00 p.m.
Key Points:
- NOVI, Mich., Nov. 7, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the Stephens Annual Investment Conference with a fire-side chat at 5:00 p.m.
- ET (4:00 p.m. CT) on Tuesday, November 14, 2023 in Nashville, Tennessee.
- Details on how to join the presentation via webcast will be posted to the " Investors/Webcasts & Presentations " section of the Company's website ( www.stoneridge.com ) prior to the presentation.
- These features ultimately support the avoidance of incremental costs incurred during curb strikes, vehicle collisions, and other vulnerable road user scenarios.
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Thursday, November 2, 2023
Line of credit,
Stoneridge Investment Partners v. Scientific-Atlanta, Inc.,
NYSE,
Form,
Multimedia,
Chase Bank,
Senior,
Facility,
Growth,
SRI,
JPMorgan Chase,
SEC filing,
BofA Securities,
Security (finance) The new Facility replaces the Company's prior facility that was due to mature in June 2024.
Key Points:
- The new Facility replaces the Company's prior facility that was due to mature in June 2024.
- Matt Horvath, Chief Financial Officer, commented, "We are pleased to announce that our third quarter financial performance, as well as our expectations of continued growth and earnings expansion, enabled us to complete the refinancing of our revolving credit facility this morning.
- The new Facility extends our maturity date for three years and provides the Company with ample liquidity and flexibility to continue to support our growth.
- We appreciate the support of our continuing banking partners as well as the addition of several new banks that will support our global growth initiatives."
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Wednesday, November 1, 2023
Line of credit,
OEM,
Electronics,
NYSE,
SG,
EBITDA,
Internet,
UAW,
Brazil,
Manual on Uniform Traffic Control Devices,
Control,
Trophy,
Growth,
EPS,
European,
Peterbilt,
Volvo Trucks,
Credit Accumulation and Transfer Scheme,
SRI,
D&D,
Daimler Truck North America,
DOE,
Safety,
Navistar,
Music,
Pharmaceutical industry,
Video game,
Arms industry,
D,
Stoneridge Investment Partners v. Scientific-Atlanta, Inc. NOVI, Mich., Nov. 1, 2023 /PRNewswire/ --
Key Points:
- For the third quarter of 2023, Stoneridge reported gross profit of $52.5 million (22.1% of adjusted sales).
- Adjusted EBITDA was $17.0 million (7.2% of adjusted sales), an increase of 260 basis points, relative to the second quarter of 2023.
- Relative to the second quarter of 2023, Stoneridge Brazil sales decreased by 5.0%.
- A live Internet broadcast of Stoneridge's conference call regarding 2023 third quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, November 2, 2023, at www.stoneridge.com , which will also offer a webcast replay.
