Stoneridge Q2 Revenue Jumps 15% on Record MirrorEye Sales, Loss Narrows
SRI sits 65% above its 52-week low of $4.6.
Summary
Stoneridge posted Q2 revenue of $181.4 million, a 15% year-over-year increase, driven by a 39% surge in MirrorEye sales to a record high. The net loss from continuing operations narrowed to $5.3 million from $11.1 million a year ago, and adjusted EBITDA hit $5.5 million—the best quarterly performance in two years. Management reaffirmed full-year 2026 guidance for revenue of $645–$670 million and adjusted EBITDA of $20–$25 million, signaling confidence in the turnaround. This follows a Q1 net loss of $27.9 million and a recent $42.3 million bus and coach camera system program win, suggesting operational momentum is building. The results mark a material improvement in profitability and validate the strategic shift toward higher-value OEM programs in Brazil.
At the time of this announcement, SRI was trading at $7.59 on NYSE in the Manufacturing sector, with a market capitalization of approximately $210.6M. The 52-week trading range was $4.60 to $9.71. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.