STONERIDGE INC (SRI) Form 10-Q — May 15, 2026
Stoneridge Inc. reported a net loss of $27.9 million for the first quarter of 2026, significantly worse than the $7.2 million loss in the prior year period. The deterioration was primarily driven by a $9.8 million after-tax loss on the disposal of its Control Devices segment, which was sold for $59 million to an affiliate of Center Rock Capital Partners. Continuing operations also weakened, with net sales rising 7.9% to $160.8 million but operating loss widening to $9.0 million from $4.3 million.
Key figures
- Eps
- -1
- Revenue
- 160847000
- Total Debt
- 156470000
- Revenue Yoy
- 7.9%
- Cash Position
- 70536000
- Deal Value Usd
- 59000000
- Loss on disposal net of tax
- 9817000
- Credit facility interest rate
- 7.53%
- Credit facility borrowing capacity
- 175000000
Price after filing
Close on the filing date to close N calendar days later (from $7.24). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.