NORTHVILLE, Mich. (AP) — NORTHVILLE, Mich. (AP) — Cooper-Standard Holdings Inc. (CPS) on Thursday reported net income of $40.2 million in its fourth quarter.
On a per-share basis, the Northville, Michigan-based company said it had net income of $2.24. Losses, adjusted for one-time gains and costs, came to 16 cents per share.
The auto parts supplier posted revenue of $660.8 million in the period.
For the year, the company reported a loss of $78.7 million, or $4.48 per share. Revenue was reported as $2.73 billion.
Cooper-Standard expects full-year revenue in the range of $2.7 billion to $2.8 billion.
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