Novi’s Stoneridge Inc. Reports $7.1 Million Loss in Third Quarter

Article Sponsored by:

SPACE AVAILABLE FOR SPONSORS!

Want to target the right audience? Sponsor our site and choose your specific industry to connect with a relevant audience.

What Sponsors Receive:

Prominent brand mentions across targeted, industry-focused articles
High-visibility placements that speak directly to an engaged local audience
Guaranteed coverage that maximizes exposure and reinforces your brand presence

Interested in seeing what sponsored content looks like on our platform?

Browse Examples of Sponsored News and Articles:

May’s Roofing & Contracting
Forwal Construction
NSC Clips
Real Internet Sales
Suited
Florida4Golf

Click the button below to sponsor our articles:

Sponsor Our Articles

Novi reports **loss** from Stoneridge Inc. in Q3

Novi, Mich. — In a recent announcement, Stoneridge Inc. has shared that it faced a **loss of $7.1 million** during its third quarter. The local company, known for making electronic components for the automotive sector among others, reported a loss of **26 cents per share**.

After adjusting for certain non-recurring costs, the adjusted loss was slightly lower at **24 cents per share**. The company’s total revenue for this period reached **$213.8 million**, showcasing their efforts to generate income amidst tough challenges.

As Stoneridge continues to navigate these financial hurdles, stakeholders and market analysts will be closely watching the firm’s performance in the upcoming quarters.


Author: HERE Northville

HERE Northville

Recent Posts

Unlocking the Power of Tentpole Events for Brands on TikTok

News Summary This article explores how brands can leverage tentpole events on TikTok to engage…

5 hours ago

Discovering Chicago’s Top Instagram Marketing Agencies

News Summary Businesses in Chicago are increasingly recognizing the vital role of Instagram marketing agencies…

5 hours ago

Mail Magic: Unveiling the Top Email Marketing Software for 2024

News Summary As businesses prepare for 2024, the importance of email marketing continues to rise.…

5 hours ago

Exciting Developments in Digital Marketing and Communications

News Summary This week in digital marketing, Mod Op has launched an 'AI Playground' to…

6 hours ago

Homebuyers Face Rising Renovation Costs Amid Tariffs

News Summary The renovation and construction industry is experiencing significant price hikes due to tariffs…

9 hours ago

Home Renovation Scandal in Detroit: A Cautionary Tale

News Summary A federal investigation reveals Serina Baker-Hill, a Customs official, may have misused FEMA…

9 hours ago