Stoneridge Inc. Reveals 11% Advance In Q4 Profit

(RTTNews) - Stoneridge Inc. (SRI) revealed earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $6.98 million, or $0.25 per share. This was higher than $6.27 million, or $0.23 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 7.3% to $154.64 million. This was down from $166.81 million last year.

Stoneridge Inc. earnings at a glance:

-Earnings (Q4): $6.98 Mln. vs. $6.27 Mln. last year. -Earnings Growth (Y-o-Y): 11.3% -EPS (Q4): $0.25 vs. $0.23 last year. -EPS Growth (Y-o-Y): 8.7% -Revenue (Q4): $154.64 Mln vs. $166.81 Mln last year. -Revenue Change (Y-o-Y): -7.3%