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Cooper-Standard: Q1 Earnings Snapshot

Cooper-Standard: Q1 Earnings Snapshot

By AP News
Published - May 03, 2023, 06:24 PM ET
Last Updated - Jun 21, 2023, 11:10 PM EDT

NORTHVILLE, Mich. (AP) — NORTHVILLE, Mich. (AP) — Cooper-Standard Holdings Inc. (CPS) on Wednesday reported a loss of $130.4 million in its first quarter.

On a per-share basis, the Northville, Michigan-based company said it had a loss of $7.57. Losses, adjusted for one-time gains and costs, came to $2.68 per share.

The auto parts supplier posted revenue of $682.5 million in the period.

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