STONERIDGE, INC. (NYSE:SRI) Files An 8-K Results of Operations and Financial Condition

ITEM 2.02

On March 2, 2017, Stoneridge, Inc. (the Company) issued a press
release announcing its results for the fourth quarter and year
ended December 31, 2016.A copy of the press release is attached
hereto as Exhibit 99.1. On March 2, 2017, members of the Companys
management held a fourth quarter 2016 earnings conference call
discussing the Companys financial results and the presentation
furnished herewith as Exhibit 99.2, accompanied managements
comments.

The press release contains certain non-GAAP financial measures
Adjusted Net Income Attributable to Stoneridge, Inc. (Adjusted
Net Income), Adjusted Earnings per Diluted Share from Continuing
Operations Attributable to Stoneridge Inc. (Adjusted EPS) and
Earnings Before Interest, Taxes, Depreciation and Amortization
(EBITDA). Management believes that the presentation of the
non-GAAP financial measures used in the press release and
earnings conference call presentation are useful to both
management and investors in their analysis of the Companys
financial position, results of operations and expected results of
operations because the Adjusted Net Income, Adjusted EPS and
EBITDA facilitates a period to period comparison of operating
results by excluding significant unusual, non-recurring items in
2016. For 2016, these items relate to the release of the federal,
certain state and foreign valuation allowances and business
realignment expenses. EBITDA represents the sum of net income,
interest, income taxes, depreciation and amortization. These
non-GAAP measures, however, should not be considered in isolation
or as a substitute for the most comparable GAAP measures.
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. Adjusted Net Income, Adjusted
EPS and EBITDA should not be considered a substitute for Net
Income or Earnings Per Share prepared in accordance with GAAP.

The information set forth in Item 2.02 above is hereby
incorporated herein by reference.

The information in this report, including the press release and
earnings conference call presentation furnished as Exhibits 99.1
and 99.2 hereto, 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 exhibits furnished
herewith contain statements intended as forward-looking
statements that are subject to the cautionary statements about
forward-looking statements set forth in such exhibits.

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 down -0.03 at 18.05 with 109,213 shares trading hands.