Stoneridge 2Q16 Earnings Release August 2016

Stoneridge reported Q2 2016 results with sales of $186.9M (up 13.1% YoY) and operating earnings of $13.6M (up 83.8% YoY). Gross profit margin improved to 28.2% and EPS reached $0.41, reflecting strong operational performance in the commercial vehicle and automotive components sector.