NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported a loss of $7.2 million in its first quarter.
The Novi, Michigan-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs, were 19 cents per share.
The maker of electronic components for the automotive and other markets posted revenue of $217.9 million in the period.
Stoneridge expects full-year revenue in the range of $860 million to $890 million.
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