Cooper Standard(CPS) - 2024 Q1 - Quarterly Results
CPSCooper Standard(CPS)2024-05-07 19:04

Cooper Standard Reports Continuing Year-over-year Margin Improvement in First Quarter 2024, Sees Upside to Full-year Guidance NORTHVILLE, Mich., May 6, 2024 -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the first quarter 2024. First Quarter 2024 Summary • Gross profit totaled 61.6million,anincreaseof47.461.6 million, an increase of 47.4% compared to first quarter 2023 • Operating income of 3.5 million reflected an increase of 17.9millionvs.thefirstquarterof2023Netlossof17.9 million vs. the first quarter of 2023 • Net loss of 31.7 million, or $(1.81 ...