News Summary
Stoneridge, Inc. is set to host a live webcast of its second quarter earnings conference call on August 7, 2025, at 9:00 a.m. Eastern Time. This call will highlight financial updates and operational performance, with insights from key executives. Following a challenging fourth quarter in 2024, Stoneridge aims for significant growth in the upcoming years, with ambitious revenue projections and strategic initiatives aimed at improving profitability.
Novi, Michigan – Stoneridge, Inc. has announced plans to host a live webcast of its second quarter 2025 earnings conference call on Thursday, August 7, 2025, at 9:00 a.m. Eastern Time. The call will feature President and CEO Jim Zizelman along with CFO Matt Horvath presenting financial updates and operating highlights for the company’s second quarter.
The earnings call will be accessible to the public via the Presentations & Events page found in the Investors section of Stoneridge’s official website, www.stoneridge.com. This provides an opportunity for investors and stakeholders to gain insights on the company’s financial performance and strategic initiatives.
This announcement comes on the heels of Stoneridge’s report on its fourth quarter and full-year financial results for December 31, 2024. The company reported $218.2 million in sales for the fourth quarter, with a gross profit of $42.7 million. However, it also experienced a net loss of $(6.1) million during that same period. For the entire year of 2024, Stoneridge achieved sales of $908.3 million and a gross profit of $189.3 million, reflecting their continued effort to strengthen financial performance while navigating the challenges of the market.
Financial Performance Overview
In terms of adjusted EBITDA, Stoneridge reported $37.9 million for 2024, which is approximately 4.2% of total sales. This signal of adjusted earnings before interest, taxes, depreciation, and amortization underscores the company’s endeavor to improve its profitability metrics. During 2024, Stoneridge undertook significant efforts to enhance its cash flow management, culminating in a net cash provided by operating activities of $47.7 million.
The company also managed to reduce inventory balances by $36 million throughout the year, demonstrating effective inventory control strategies amid fluctuating market conditions. Stoneridge has been focused on operational efficiency and managing cost structures to ensure resilience against market volatility.
Future Projections and Targets
Looking ahead, Stoneridge has set ambitious revenue and EBITDA guidance for 2025, projecting sales between $860 million and $890 million, alongside an anticipated EBITDA of $38 million to $42 million. The company has also outlined revenue targets of at least $975 million and EBITDA targets of a minimum of $70 million for 2026.
In the longer term, Stoneridge aims for significant revenue growth, with expectations of reaching between $1.3 billion and $1.45 billion by 2029. This indicates a strong trajectory and commitment to enhancing operational capabilities and market penetration across its primary sectors.
Company Background
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of electronic systems and technologies designed to improve vehicle safety and efficiency. The company serves both the on-highway and off-highway transportation sectors on a global scale, with diversified operations including Electronics, Control Devices, and Stoneridge Brazil. These segments position Stoneridge as a key player in the automotive technology landscape, contributing to advancements in transportation safety and operational effectiveness.
The forthcoming earnings conference call will provide valuable insights into how Stoneridge plans to navigate future challenges and capitalize on growth opportunities, aligning with its long-term business objectives and shareholder interests.
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Additional Resources
- The Malaysian Reserve: Stoneridge Inc. to Broadcast its Second Quarter 2025 Conference Call
- PR Newswire: Stoneridge Reports Fourth Quarter and Full Year 2024 Results
- PR Newswire: Stoneridge Reports First Quarter 2024 Results
- Google Search: Stoneridge Inc. financial performance
- Wikipedia: Stoneridge Inc.
Author: STAFF HERE NOVI WRITER
The NOVI STAFF WRITER represents the experienced team at HERENovi.com, your go-to source for actionable local news and information in Novi, Oakland County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Motor City Comic Con, Michigan State Fair, and Novi Home and Garden Show. Our coverage extends to key organizations like the Novi Chamber of Commerce and Novi Community Foundation, plus leading businesses in automotive, technology, and manufacturing that power the local economy such as Gentherm, Stoneridge, and Daifuku North America. As part of the broader HERE network, including HEREDetroitMI.com, HEREGrandRapids.com, HERENorthville.com, and HEREPlymouth.com, we provide comprehensive, credible insights into Michigan's dynamic landscape.
