Overview

* Stoneridge Q3 sales of $210.3 mln down from $213.8 mln, net loss of $9.4 mln

* Company updates full-year revenue guidance to low end due to production volume reductions

* Stoneridge announces new program awards totaling over $185 mln lifetime revenue

Outlook

* Stoneridge updates full-year 2025 revenue guidance to $860 mln - $870 mln

* Company revises adjusted EBITDA guidance to $30 mln - $32 mln

Result Drivers

* MIRROREYE GROWTH - Co reports MirrorEye sales increased by 78% YTD, contributing positively despite macroeconomic challenges

* NEW PROGRAM AWARDS - Co announces new program awards totaling over $185 mln in estimated lifetime revenue

* BRAZIL SALES INCREASE - Higher OEM and aftermarket sales in Brazil drove a 23.5% increase in Q3 sales

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales $210.30

mln

Q3 Gross $42.80

Profit mln

Q3 -$3.30

Operatin mln

g Income

Analyst Coverage

* The one available analyst rating on the shares is "strong buy"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)