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