STONERIDGE, INC. (NYSE:SRI) Files An 8-K Regulation FD Disclosure
ITEM 7.01Regulation FD Disclosure.
The presentation furnished as Exhibit 99.1 hereto, which was
posted to the Stoneridge, Inc. website on January 10, 2017, shall
not be deemed to be filed for purposes of Section 18 of the
Securities and Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that Section,
and shall not be incorporated by reference into any filing under
the Securities Act of 1933, as amended, or the Exchange Act,
except as shall be expressly set forth by specific reference in
such a filing. In addition, the exhibit furnished herewith
contains statements intended as forward-looking statements that
are subject to the cautionary statements about forward-looking
statements set forth in such exhibit.
The presentation material contains the non-GAAP financial
measure, Adjusted Earnings Per Share (Adjusted EPS). Management
believes that the presentation of this non-GAAP financial measure
used in the presentation material is useful to both management
and investors in their analysis of the Companys results of
operations and expected results of operations because the
Adjusted EPS facilitates a period to period comparison of
operating results by excluding business realignment charges. This
non-GAAP measure, however, should not be considered in isolation
or as a substitute for the most comparable GAAP measure.
Investors are cautioned that non-GAAP financial measures utilized
by the Company may not be comparable to non-GAAP financial
measures used by other companies and Adjusted EPS should not be
considered a substitute for Earnings Per Share prepared in
accordance with GAAP.
ITEM 9.01Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description |
|
99.1 |
Deutsche Bank Conference presentation dated January 10, |
About STONERIDGE, INC. (NYSE:SRI)
Stoneridge, Inc. is a designer and manufacturer of engineered electrical and electronic components, modules and systems for the automotive, commercial, motorcycle, off-highway and agricultural vehicle markets. The Company operates through three segments: Control Devices, Electronics and PST. The Company’s Control Devices segment designs and manufactures products that monitor, measure or activate specific functions within a vehicle and includes product lines, such as sensors, switches, valves, and actuators. The Company’s Electronics segment designs and manufactures electronic instrument clusters, electronic control units and driver information systems. The PST segment is engaged in the design, manufacture and sale of in-vehicle audio and video devices, electronic vehicle security alarms, convenience accessories, vehicle tracking devices and monitoring services primarily for the automotive and motorcycle industry. It operates in approximately 30 locations in over 10 countries. STONERIDGE, INC. (NYSE:SRI) Recent Trading Information
STONERIDGE, INC. (NYSE:SRI) closed its last trading session 00.00 at 17.59 with 56,970 shares trading hands.