Manual on Uniform Traffic Control Devices

Stoneridge Reports Strong Third-Quarter 2023 Results

Retrieved on: 
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.

Stoneridge Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023
D&D, Corvette, Kenworth, SG, SALES, Line of credit, Electronics, Dowsing, Manual on Uniform Traffic Control Devices, Internet, EBITDA, Credit Accumulation and Transfer Scheme, SUV, Control, Growth, EPS, OEM, Environment, NYSE, SRI, Bookkeeping, Retail, Video game, Arms industry, Stoneridge Investment Partners v. Scientific-Atlanta, Inc.

Sales were adjusted to normalize the impact of electronic component spot buys recovered from customers of $4.4 million for the second quarter of 2023.

Key Points: 
  • Sales were adjusted to normalize the impact of electronic component spot buys recovered from customers of $4.4 million for the second quarter of 2023.
  • For the second quarter of 2023, Stoneridge reported gross profit of $60.5 million and adjusted gross profit of $60.9 million (23.2% of adjusted sales).
  • Second quarter operating margin decreased by 340 basis points relative to the first quarter of 2023, primarily due to higher overhead and SG&A spend.
  • A live Internet broadcast of Stoneridge's conference call regarding 2023 second quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, August 3, 2023, at www.stoneridge.com , which will also offer a webcast replay.

Stoneridge Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023
Operating cost, NHTSA, V8, Electronics, Manual on Uniform Traffic Control Devices, Internet, EBITDA, Average cost, Growth, EPS, OEM, NYSE, SRI, Video game, Bookkeeping, Pharmaceutical industry, Stoneridge Investment Partners v. Scientific-Atlanta, Inc.

NOVI, Mich., May 3, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2023, with sales of $241.3 million and loss per share of $(0.27).  Adjusted sales for the first quarter were $232.2 million and adjusted EPS was $(0.25). Sales were adjusted to normalize the impact of electronic component spot buys recovered from customers of $9.1 million for the first quarter of 2023. The exhibits attached hereto provide reconciliation detail on this and all other normalizing adjustments of Non-GAAP financial measures used in this press release.

Key Points: 
  • NOVI, Mich., May 3, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2023, with sales of $241.3 million and loss per share of $(0.27).
  • For the first quarter of 2023, Stoneridge reported gross profit of $42.8 million and adjusted gross profit of $43.0 million (18.5% of adjusted sales).
  • Zizelman continued, "Despite continued macroeconomic challenges in the first quarter of 2023, we remained focused on executing on our long-term growth strategy.
  • A live Internet broadcast of Stoneridge's conference call regarding 2023 first quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, May 4, 2023, at www.stoneridge.com , which will also offer a webcast replay.

Stoneridge Reports Fourth Quarter and Full-Year 2022 Results

Retrieved on: 
Wednesday, March 1, 2023
SRI, NYSE, SG, Infection, OEM, D&D, EPS, EBITDA, Manual on Uniform Traffic Control Devices, Electronics, Accounting, Internet, Partnership, Control, COVID-19, Growth, D, FFE Transportation, 2012 Colorado Amendment 64, Bookkeeping, Video game, Cryptocurrency, Bank, Renewable energy, Pharmaceutical industry, European, Stoneridge Investment Partners v. Scientific-Atlanta, Inc.

Fourth quarter results included a $3.7 million, or ($0.10) earnings per share, adjustment to non-operating income related to a prior quarter correction.

Key Points: 
  • Fourth quarter results included a $3.7 million, or ($0.10) earnings per share, adjustment to non-operating income related to a prior quarter correction.
  • Sales were adjusted to normalize the impact of electronic component spot buys recovered from customers of $6.0 million for the fourth quarter of 2022 and $58.4 million for the full-year 2022.
  • For the fourth quarter of 2022, Stoneridge reported gross profit of $45.5 million (19.7% of sales, 20.2% of adjusted sales).
  • Fourth quarter operating margin decreased by 200 basis points relative to the third quarter of 2022, primarily due to higher material costs driven by an unfavorable sales mix.

Stoneridge Announces the Appointment of Jim Zizelman as President and Chief Executive Officer

Retrieved on: 
Tuesday, January 31, 2023
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NOVI, Mich., Jan. 31, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), today announced the appointment of Jim Zizelman as president and chief executive officer and member of the Stoneridge Board of Directors, effective immediately. Stoneridge's current president and chief executive officer, Jon DeGaynor, has elected to resign from the Company and the Company's Board of Directors for personal reasons.

Key Points: 
  • NOVI, Mich., Jan. 31, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), today announced the appointment of Jim Zizelman as president and chief executive officer and member of the Stoneridge Board of Directors, effective immediately.
  • Stoneridge's current president and chief executive officer, Jon DeGaynor, has elected to resign from the Company and the Company's Board of Directors for personal reasons.
  • Jim brings a wealth of knowledge and experience, and we are fortunate to have a proven business leader and experienced executive step into the CEO role.
  • "Jon has brought extraordinary energy and dedication to his role as president and chief executive officer of Stoneridge.

ARA Services Can Help Agencies Meet New Pavement Marking Standards

Retrieved on: 
Wednesday, December 14, 2022
Biomedical engineering, Federal Highway Administration, Illinois State Toll Highway Authority, New York State Thruway, Science, Engineering, Manual on Uniform Traffic Control Devices, Systems analysis, DOT, MUTCD, Health, Transport, ARA, Research, FHWA, Virginia State Route 267, City, MRU, Road, Phoenix

Applied Research Associates, Inc. (ARA) is well poised to help agencies meet these requirements with a comprehensive suite of consulting and testing capabilities designed to assess the performance of pavement markings.

Key Points: 
  • Applied Research Associates, Inc. (ARA) is well poised to help agencies meet these requirements with a comprehensive suite of consulting and testing capabilities designed to assess the performance of pavement markings.
  • The importance of pavement markings is even more paramount at night when they are often the only cue for pavement edge or lane location.
  • ARA experts can help agencies meet these federal requirements through the following services:
    Our professionals are nationally recognized experts in lane demarcation and have over 15 years of experience in providing comprehensive pavement marking services.
  • “We can help agencies with their entire pavement marking approach,” said Carmine Dwyer, an ARA principal civil engineer.

NeuroVasc Technologies Announces First Patient Treated in Clinical Trial to Evaluate Its Novel Stent-Retriever

Retrieved on: 
Thursday, June 30, 2022
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NeuroVasc Technologies, Inc. today announced that the first patient has been treated in its US IDE Clinical Trial, ENVI RCT NeuroVasc Envi-SR Randomized Controlled Trial for Endovascular Treatment of Ischemic Stroke.

Key Points: 
  • NeuroVasc Technologies, Inc. today announced that the first patient has been treated in its US IDE Clinical Trial, ENVI RCT NeuroVasc Envi-SR Randomized Controlled Trial for Endovascular Treatment of Ischemic Stroke.
  • The study will compare the next generation NeuroVasc ENVI-SR with the Solitaire (Medtronic) and Trevo (Stryker) product families.
  • We are proud of the NeuroVasc team in reaching this milestone, said Michael Losordo, NeuroVasc chief operating officer.
  • The trial is planned to enroll approximately 560 subjects in about 30 clinical centers across the US, Canada, and Europe.

Safety Marking Inc. Launches Radar Speed Sign Initiative

Retrieved on: 
Tuesday, July 27, 2021
Traffic signs, Radar speed sign, Manual on Uniform Traffic Control Devices, Road surface marking, UL

BRIDGEPORT, Conn., July 27, 2021 (GLOBE NEWSWIRE) -- Radar Speed Signs are now part of the ongoing Safety initiatives at Safety Marking, Inc. SMC recognizes safety measures are imperative for active work zones and has been installing MUTCD-approved speed signs on the back of all trucks. This safety initiative has been rolled out at the Bridgeport Headquarters as well as the New York and Rhode Island locations. The goal is two-fold: 1) increase driver awareness of heavy and highway construction work zones, and 2) motivate speed limit compliance among drivers in all work zones.

Key Points: 
  • BRIDGEPORT, Conn., July 27, 2021 (GLOBE NEWSWIRE) -- Radar Speed Signs are now part of the ongoing Safety initiatives at Safety Marking, Inc. SMC recognizes safety measures are imperative for active work zones and has been installing MUTCD-approved speed signs on the back of all trucks.
  • Mark Kelly of Easton CT, Safety MarkingInc.s Founder and President, understands how important safety is in the pavement marking industry.
  • For more information aboutMark Kelly, Safety MarkingInc.s Founder, and their Safety Program, visit www.safetymarking.net
    Mark Kelly is the Founder and President of Safety Marking, Inc.
  • Mark Kellys dedication resulted in Safety Marking Inc. becoming a pavement marking leader, providing top-notch services in New York, Rhode Island, and Connecticut.

TAPCO Launches New LegendViz™ Traffic Signs for Improved Nighttime Visibility

Retrieved on: 
Wednesday, June 30, 2021
Land transport, Transport, Road transport, Road safety, Road traffic management, Traffic law, Street furniture, Traffic signs, Manual on Uniform Traffic Control Devices, TAPCO, Traffic

BROWN DEER, Wis., June 30, 2021 /PRNewswire/ --Traffic and Parking Control Company, Inc. (TAPCO), manufacturer, distributor and service provider of traffic and parking control products, is excited to announce the launch of a new product line, LegendViz Traffic Signs.

Key Points: 
  • BROWN DEER, Wis., June 30, 2021 /PRNewswire/ --Traffic and Parking Control Company, Inc. (TAPCO), manufacturer, distributor and service provider of traffic and parking control products, is excited to announce the launch of a new product line, LegendViz Traffic Signs.
  • A TAPCO survey found that improved legend visibility is a top-ranked need for LED-enhanced signs among state DOT and municipal traffic engineers.
  • "We are thrilled to announce the launch of our new LegendViz Traffic Signs," said TAPCO Vice President of Sales and Marketing, Robert Prosser.
  • LegendViz Traffic Signs are designed for simple, single-person installation and are MUTCD compliant, with both solar and AC power options available for flexible configuration.

New Roland DGA TrafficWorks Offers a Full Solution for Shops Looking to Profit from Traffic Sign Printing

Retrieved on: 
Thursday, March 4, 2021
Land transport, Transport, Road transport, Road traffic management, Road safety, Traffic signs, Street furniture, Traffic law, Manual on Uniform Traffic Control Devices, Traffic, Federal Highway Administration

TrafficWorks also offers traffic sign companies a cost-effective, easy-to-use solution for producing traffic signage in-house, plus all the other applications award-winning TrueVIS VG2 printer/cutters are known for.

Key Points: 
  • TrafficWorks also offers traffic sign companies a cost-effective, easy-to-use solution for producing traffic signage in-house, plus all the other applications award-winning TrueVIS VG2 printer/cutters are known for.
  • Roland DGA TrafficWorks is a complete, reliable "all-in-one" solution that makes both designing and printing industry-standard MUTCD, ASTM and FHWA compliant traffic signs simple, while also minimizing production costs.
  • "The Roland DGA TrafficWorks solution offers a complete, affordable alternative that not only makes producing color-compliant traffic signage easer, but also more cost-effective than ever before.
  • Roland DGA's traffic sign printing solution can be purchased now through certified and authorized Roland DGA TrafficWorks dealers throughout the U.S. At present, this solution is available to U.S customers only.