UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission File Number: 001-36127 ___________________________ ...

Cooper Standard Second Quarter Gross Profit Ramps Higher; Further Margin Expansion Expected in Second Half of the Year NORTHVILLE, Mich., August 1, 2024 -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the second quarter 2024. Second Quarter 2024 Summary • Gross profit totaled $82.9 million, an increase of 6.7% compared to second quarter 2023 • Net loss of $76.2 million, or $(4.34) per diluted share, was negatively impacted by a one-time non-cash pension settlement charge and restruct ...

NORTHVILLE, Mich., Aug. 1, 2024 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the second quarter 2024. Second Quarter 2024 Summary Gross profit totaled $82.9 million, an increase of 6.7% compared to second quarter 2023 Net loss of $76.2 million, or $(4.34) per diluted share, was negatively impacted by a one-time non-cash pension settlement charge and restructuring expense Adjusted net loss of $11.3 million, or $(0.64) per diluted share, improved by 43.5% vs. the second ...

One of my favorite investments, Cooper-Standard Holdings (NYSE:CPS), is set to report Q2 earnings on Thursday, August 1st. Given the buzz in the auto industry after this past week, I thought that a detailed Q2 earnings preview would be valuable for passionate CPS investors. My initial coverage of CPS was published on March 26th, 2024, when I rated it a strong buy at $15.61. Since then, CPS has declined 10.76% to its current price of $13.92. I have meaningfully increased my stake at these bargain prices rang ...

About Cooper Standard NORTHVILLE, Mich., July 26, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) will participate in the J.P. Morgan 2024 Auto Conference in New York City on Thursday, Aug. 8. Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and ...

NORTHVILLE, Mich., July 18, 2024 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) expects to release its financial results for the second quarter 2024 on Thursday, August 1 after market close. The Company's earnings results will be posted to the Cooper Standard website (https://ir.cooperstandard.com/) once released. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at https://ir.cooperstandard.com/events. A replay of the webcast will be availab ...

NORTHVILLE, Mich., July 16, 2024 /PRNewswire/ -- As the automotive industry continues to shift to an electrified future, innovation is more important than ever to support automakers seeking to simplify thermal management systems while enhancing vehicle efficiency and range. To help conquer these challenges and pave the way for an efficient, electrified future, Cooper Standard (NYSE: CPS) recently debuted the first member of its new eCoFlow™ product line. The eCoFlow Switch Pump, created in partnership with ...

NORTHVILLE, Mich., June 18, 2024 /PRNewswire/ -- Recognizing its world-class culture and agility to support the evolving automotive and industrial markets, Cooper Standard's (NYSE: CPS) Aguascalientes, Mexico mixing facility was awarded a Quality Excellence Award during the 2024 Seraph Operational Excellence Awards ceremony. About Cooper Standard The Seraph Operational Excellence Awards recognize automotive manufacturing facilities in North America that demonstrate outstanding performance and innovation acr ...

NORTHVILLE, Mich., June 11, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the appointment of Shannon B. Quinn to president of the Industrial and Specialty Group (ISG). In this position, Quinn will work to progress the Company's diversification strategy to accelerate growth and maximize the value of Cooper Standard's products and technologies in industrial and specialty markets. She replaces Ramsey Changoo who is departing the Company to pursue other career opportunities. Cooper Standard A ...

Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.coopersta ...