SRI - Stoneridge Non-GAAP EPS of $0.03 beats by $0.06 revenue of $226.8M beats by $27.88M

• Stoneridge press release ( NYSE: SRI ): Q3 Non-GAAP EPS of $0.03 beats by $0.06 .
• Revenue of $226.8M (+24.8% Y/Y) beats by $27.88M .
• 2022 Guidance Update
• Fourth quarter adjusted revenue guidance of $234 – $244 million (midpoint of $239 million or 11.5% growth vs. Q3) vs $234.06M consensus.
• Fourth quarter adjusted EPS guidance of $0.21 – $0.27 (midpoint of $0.24 adjusted EPS or $0.21 growth vs. Q3) vs $0.25 consensus.
• • Updated full-year 2022 guidance:
  • Reducing full-year midpoint adjusted revenue guidance by $10 million to $855 million vs $855.13M consensus ($850 - $860 million) to reflect improved, but continued material constraints and current end-market demand
  • Updating full-year adjusted EPS guidance to ($0.32) to ($0.26) (midpoint adjusted EPS of ($0.29)) vs -$0.34 consensus.

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