Stoneridge, Inc. Provides Revenue Guidance for the Year 2024
November 01, 2023 at 04:49 pm EDT
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Stoneridge, Inc. provided revenue guidance for the year 2024. Providing preliminary 2024 guidance for at least 5% growth, which outpaces weighted-average end-markets by at least 6.5%.
Stoneridge, Inc. is a global designer and manufacturer of engineered electrical and electronic systems, components and modules for the automotive, commercial, off-highway and agricultural vehicle markets. The Company operates through three segments: Control Devices, Electronics and Stoneridge Brazil. Its Control Devices segment designs and manufactures products that monitor, measure or activate specific functions within a vehicle. Its Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products and electronic control units. Its Stoneridge Brazil (SRB) segment primarily serves the South American market and specializes in the design, manufacture and sale of vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, driver information systems and telematics solutions primarily for the automotive market.
STONERIDGE, INC. 
