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Earnings Call Summary | Stoneridge(SRI.US) Q1 2024 Earnings Conference

Earnings Call Summary | Stoneridge(SRI.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Stoneridge (SRI.US) 2024 年第一季度業績會議
富途資訊 ·  05/04 21:52  · 電話會議

The following is a summary of the Stoneridge, Inc. (SRI) Q1 2024 Earnings Call Transcript:

以下是斯通裏奇公司(SRI)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • Stoneridge reported Q1 sales of $239.2 million, up by 3% from Q1 2023.

  • The company generated $9.1 million of operating cash during the quarter, an improvement of $18.3 million from the same period last year.

  • Gross margin improved by 170 basis points, operating margin by 160 basis points, and EBITDA margin by 120 basis points compared to Q1 of the previous year.

  • Stoneridge reduced its inventory balance by $7.9 million during the quarter, improving its leverage ratio by approximately a quarter of a turn.

  • Stoneridge報告稱,第一季度銷售額爲2.392億美元,較2023年第一季度增長3%。

  • 該公司在本季度創造了910萬澳元的運營現金,比去年同期增加了1,830萬美元。

  • 與去年第一季度相比,毛利率提高了170個點子,營業利潤率提高了160個點子,息稅折舊攤銷前利潤率提高了120個點子。

  • Stoneridge在本季度將其庫存餘額減少了790萬美元,其槓桿率提高了約四分之一。

Business Progress:

業務進展:

  • They launched the Smart 2 tachograph program in Europe, expecting approximately $60 million in revenue for 2024.

  • With upcoming MirrorEye OEM programs with Volvo and Peterbilt, and planned North American programs, the company anticipates significant earnings expansion.

  • Progress was made towards sustainability goals, reducing Scope 1 and Scope 2 greenhouse gas emissions by 18.6% and absolute water usage by 5.8%.

  • They maintained their full-year 2024 revenue guidance midpoint of $1 billion, intending to outperform their underlying end markets by 8 percentage points.

  • 他們在歐洲啓動了Smart 2行車記錄儀計劃,預計2024年的收入約爲6000萬美元。

  • 隨着沃爾沃和彼得比爾特即將推出的MirroReYE OEM項目以及計劃中的北美項目,該公司預計收益將大幅增長。

  • 在實現可持續發展目標方面取得了進展,範圍1和範圍2的溫室氣體排放量減少了18.6%,絕對用水量減少了5.8%。

  • 他們將2024年全年收入預期中點維持在10億美元,打算比基礎終端市場高出8個百分點。

More details: Stoneridge IR

更多詳情: Stoneridge 紅外線

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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