Exhibit 99.1 FOR IMMEDIATE RELEASE Stoneridge Reports Fourth Quarter 2023 Results Achieves Q4 Sequential EPS Improvement In Line with Prior Expectations Establishes 2024 Midpoint Revenue Guidance of $1 Billion And Midpoint EBITDA of $67 Million (Midpoint EBITDA Margin Expansion Of 170 Basis Points vs. 2023) Maintains 2027 Long-Term Target and Establishes 2028 Revenue Target of $1.35 - $1.55 Billion and EBITDA Margin Target of 12.0% - 14.0% 2023 Fourth Quarter Results 2024 Full-Year Guidance NOVI, Mich. – Fe ...

Stoneridge, Inc. (NYSE:SRI) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Kelly Harvey - Director of Investor Relations Jim Zizelman - President and Chief Executive Officer Matthew Horvath - Chief Financial Officer Conference Call Participants Justin Long - Stephens Operator Good day, and thank you for standing by. Welcome to the conference call of Stoneridge. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a quest ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended September 30, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13337 STONERIDGE, INC (Exact name of registrant as specified in its charter) Ohio 34-1598949 (State or other jurisdiction of incorporation or organization) (I. ...

Stoneridge, Inc. (NYSE:SRI) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Kelly Harvey - Director, IR Jim Zizelman - President and CEO Matthew Horvath - CFO Conference Call Participants Justin Long - Stephens Operator Good day, and thank you for standing by. Welcome to the Stoneridge Second Quarter 2023 Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions] Please be advised that today's conference is being recorded. I would now li ...

12 2023 Q2 Summary ▸ Electronics – Continued strong sales growth during the quarter. Operating margin improved primarily due to gross margin expansion driven by price increases, including retroactive pricing recognized during the quarter, partially offset by temporarily higher D&D costs. 2023 Outlook and Guidance ▸ Guiding to the high end of the previously provided full-year 2023 adjusted gross and operating margin range to reflect improved operating performance expectations Continued strong sales growth, m ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13337 STONERIDGE, INC (Exact name of registrant as specified in its charter) Ohio 34-1598949 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

Financial Performance - Adjusted sales for Q1 2023 were $232.2 million, representing an 18.1% increase compared to Q1 2022, driven by strong demand in commercial vehicle markets [9][19] - Adjusted gross margin was 18.5%, with an adjusted operating margin of negative 1.5%, and adjusted EPS was negative $0.25 [9][41] - Revenue growth was supported by strong performance in February and March, offsetting challenges faced in January due to supply chain constraints and reduced demand in China [34][41] Business Line Performance - Control Devices segment reported sales of $86.7 million, a 2% increase year-over-year, primarily due to higher sales in North America [53] - Electronics segment saw sales of approximately $141 million, a 30% increase compared to Q1 2022, driven by strong performance in commercial vehicle markets [57] - Stoneridge Brazil's sales totaled $14.3 million, an 18.4% increase year-over-year, mainly due to higher local OEM sales [65] Market Performance - Strong demand in commercial vehicle end markets contributed significantly to revenue growth, while European off-highway markets faced material constraints [19][57] - The company experienced reduced demand in China early in the quarter due to COVID-19 impacts [19] Company Strategy and Industry Competition - The company is focused on long-term profitable growth initiatives and improving gross margin profiles while managing SG&A and engineering costs [11][25] - New program launches, including the MirrorEye platform and the Corvette E-Ray drive unit clutch actuator, are expected to drive future growth [12][27][37] - The company is implementing a platform-based approach to streamline operations and improve economies of scale [23][40] Management Commentary on Operating Environment and Future Outlook - Management expects strong revenue growth throughout 2023, with ongoing price negotiations expected to provide relief from inflationary pressures [4][35] - The company reaffirmed its full-year guidance for 2023, anticipating adjusted sales of approximately $975 million and breakeven adjusted EPS [5][36] - Management acknowledged the challenges posed by inflation and material costs but emphasized efforts to improve manufacturing execution and cost recovery [10][31] Other Important Information - The company announced a leadership change with the departure of the Chief Strategy Officer, and a succession plan is in place [13][14] - The company filed over 25 patent applications, showcasing its commitment to innovation and technology development [16] Q&A Session Summary Question: Pricing negotiations and visibility on pricing tailwind - Management indicated ongoing negotiations with customers regarding pricing adjustments due to inflationary pressures, with good visibility on expected outcomes [67][82] Question: MirrorEye revenue expectations - The majority of MirrorEye revenue recognized in Q1 was from the first OEM program in Europe, with expectations for continued ramp-up in the second half of the year [70][72] Question: Interest expense and free cash flow outlook - Management expects interest expense to rise due to increased working capital needs but anticipates improved cash flow as the year progresses [73][75]

Front Matter This section details the Form 10-Q filing, compliance, and forward-looking statement disclaimers [Form 10-Q Filing Information](index=1&type=section&id=Form%2010-Q%20Filing%20Information) This section details Stoneridge, Inc.'s Q1 2023 Form 10-Q filing, confirming SEC compliance and accelerated filer status - The report is a Quarterly Report for the quarter ended **March 31, 2023**[2](index=2&type=chunk) - Stoneridge, Inc. (SRI) is registered on the New York Stock Exchange[2](index=2&type=chunk) - The registrant has filed all required reports in the preceding **12 months** and for the past **90 days**[2](index=2&type=chunk) - The registrant is classified as an 'Accelerated filer'[2](index=2&type=chunk) - Common Shares outstanding as of **April 28, 2023**, totaled **27,513,330**[2](index=2&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This section outlines forward-looking statements, noting their inherent risks and uncertainties, and disclaims any obligation to update them - Forward-looking statements relate to future product/facility expansion, acquisition strategy, investments, new product development, growth opportunities, and operational expectations[5](index=5&type=chunk) - Key risk factors include supplier ability, cost/availability of materials (e.g., semiconductors), global economic trends, competition, geopolitical risks (Russia-Ukraine, U.S.-China), COVID-19 impact, customer/supplier loss, business realignment costs, vehicle production changes, foreign currency fluctuations, new product acceptance, intellectual property protection, warranty/recall claims, labor disruptions, indebtedness, capital availability, acquisition integration, and IT system risks[7](index=7&type=chunk) - The company disclaims any obligation to update forward-looking statements to reflect actual results or changes in assumptions[6](index=6&type=chunk) PART I – FINANCIAL INFORMATION This part presents the unaudited condensed consolidated financial statements and management's analysis for Q1 2023 [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) This section presents Stoneridge, Inc.'s unaudited condensed consolidated financial statements for Q1 2023, including balance sheets, operations, comprehensive loss, cash flows, and shareholders' equity, with detailed notes [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The condensed consolidated balance sheets show the company's financial position as of March 31, 2023, compared to December 31, 2022, indicating an increase in total assets and current liabilities, while shareholders' equity slightly decreased | (in thousands) | March 31, 2023 | December 31, 2022 | | :--------------- | :------------- | :---------------- | | Cash and cash equivalents | $35,165 | $54,798 | | Accounts receivable, net | $175,666 | $158,155 | | Inventories, net | $168,701 | $152,580 | | Total current assets | $423,136 | $409,551 | | Total assets | $670,738 | $652,105 | | Current portion of debt | $1,456 | $1,450 | | Accounts payable | $131,996 | $110,202 | | Total current liabilities | $201,999 | $177,692 | | Revolving credit facility | $167,393 | $167,802 | | Total liabilities and shareholders' equity | $670,738 | $652,105 | | Total shareholders' equity | $276,243 | $280,942 | [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The condensed consolidated statements of operations show a net loss of **$(7.4) million** for the three months ended March 31, 2023, an improvement from **$(7.7) million** in the prior year, driven by increased net sales despite higher operating and interest expenses | (in thousands, except per share data) | Three months ended March 31, 2023 | Three months ended March 31, 2022 | | :------------------------------------ | :-------------------------------- | :-------------------------------- | | Net sales | $241,325 | $221,058 | | Cost of goods sold | $198,523 | $179,615 | | Selling, general and administrative | $29,863 | $27,399 | | Design and development | $16,968 | $17,028 | | Operating loss | $(4,029) | $(2,984) | | Interest expense, net | $2,746 | $1,786 | | Loss before income taxes | $(8,094) | $(6,182) | | (Benefit) provision for income taxes | $(708) | $1,493 | | Net loss | $(7,386) | $(7,675) | | Basic loss per share | $(0.27) | $(0.28) | | Diluted loss per share | $(0.27) | $(0.28) | - Net sales increased by **$20.3 million (9.2%)** from **$221.1 million** in Q1 2022 to **$241.3 million** in Q1 2023[9](index=9&type=chunk) - Net loss improved slightly from **$(7.7) million** in Q1 2022 to **$(7.4) million** in Q1 2023[9](index=9&type=chunk) [Condensed Consolidated Statements of Comprehensive Loss](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Loss) The condensed consolidated statements of comprehensive loss show a comprehensive loss of **$(3.5) million** for the three months ended March 31, 2023, compared to **$(2.5) million** in the prior year, primarily influenced by net loss and other comprehensive income from foreign currency translation | (in thousands) | Three months ended March 31, 2023 | Three months ended March 31, 2022 | | :--------------- | :-------------------------------- | :-------------------------------- | | Net loss | $(7,386) | $(7,675) | | Foreign currency translation | $4,072 | $4,161 | | Unrealized (loss) gain on derivatives | $(232) | $1,048 | | Other comprehensive income, net of tax | $3,840 | $5,209 | | Comprehensive loss | $(3,546) | $(2,466) | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The condensed consolidated statements of cash flows indicate a net cash outflow of **$(19.6) million** for the three months ended March 31, 2023, a significant reduction from the **$(44.2) million** outflow in the prior year, primarily due to decreased cash used in operating and financing activities | (in thousands) | Three months ended March 31, 2023 | Three months ended March 31, 2022 | | :--------------- | :-------------------------------- | :-------------------------------- | | Net cash used for operating activities | $(9,182) | $(19,811) | | Net cash used for investing activities | $(8,755) | $(7,236) | | Net cash used for financing activities | $(2,119) | $(17,146) | | Effect of exchange rate changes on cash | $423 | $34 | | Net change in cash and cash equivalents | $(19,633) | $(44,159) | | Cash and cash equivalents at end of period | $35,165 | $41,388 | - Net cash used for operating activities decreased by **$10.6 million**, from **$(19.8) million** in Q1 2022 to **$(9.2) million** in Q1 2023[14](index=14&type=chunk) - Net cash used for financing activities decreased by **$15.0 million**, from **$(17.1) million** in Q1 2022 to **$(2.1) million** in Q1 2023[14](index=14&type=chunk) [Condensed Consolidated Statements of Shareholders' Equity](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Shareholders'%20Equity) The condensed consolidated statements of shareholders' equity show a decrease in total shareholders' equity from **$280.9 million** at December 31, 2022, to **$276.2 million** at March 31, 2023, primarily due to net loss and share-based compensation, partially offset by currency translation adjustments | (in thousands) | Balance December 31, 2022 | Net loss | Unrealized loss on derivatives, net | Currency translation adjustments | Issuance of Common Shares | Repurchased Common Shares for treasury, net | Share-based compensation, net | Balance March 31, 2023 | | :--------------- | :------------------------ | :------- | :-------------------------- | :----------------------------- | :------------------------ | :---------------------------------------- | :-------------------------- | :--------------------- | | Total shareholders' equity | $280,942 | $(7,386) | $(232) | $4,072 | — | $5,649 | $(6,802) | $276,243 | - Total shareholders' equity decreased by **$4.7 million** from December 31, 2022, to March 31, 2023[15](index=15&type=chunk) - Net loss of **$(7.4) million** and share-based compensation expense of **$(6.8) million** were the primary reductions to equity[15](index=15&type=chunk) - Currency translation

Financial Performance - In 2022, the company reported a net loss of $14.1 million, or $(0.52) per diluted share, compared to a net income of $3.4 million, or $0.12 per diluted share in 2021[124][125]. - The Company reported net sales of $899.9 million for the year ended December 31, 2022, representing a 16.8% increase from $770.5 million in 2021[156]. - Comprehensive loss for 2022 was $20.2 million, significantly higher than a loss of $4.0 million in 2021[261]. - Operating income decreased to $2.9 million in 2022 from $15.4 million in 2021, reflecting a decline in profitability[259]. - The Company recognized a net loss of $14.1 million in 2022, compared to a net income of $3.4 million in 2021, reflecting a significant decline in profitability[156]. Sales and Revenue - Net sales increased by $129.5 million, or 16.8%, in 2022, while operating income decreased by $12.5 million[126]. - The Electronics segment net sales rose by 41.1%, driven by higher sales volumes in various markets, while the Control Devices segment net sales decreased by 3.7%[128][127]. - The North American net sales increased by $58.0 million to $444.9 million, primarily due to increases in sales volume and negotiated price increases[159]. - Net sales for 2022 reached $899.9 million, a 16.8% increase from $770.5 million in 2021[259]. Costs and Expenses - The cost of goods sold increased to $725.0 million in 2022, resulting in a gross margin decrease to 19.4% compared to 21.7% in 2021[162]. - SG&A expenses decreased by $9.3 million compared to 2021, driven by lower wages, legal fees, and non-recurring settlements[166]. - Interest expense increased by $1.9 million due to higher credit facility interest rates and write-off of deferred financing fees[171]. - The company incurred interest expense of $7.3 million in 2022, compared to $6.1 million in 2021, indicating increased borrowing costs[263]. Cash Flow and Liquidity - Cash and cash equivalents decreased to $54.8 million in 2022 from $85.5 million in 2021, primarily due to capital expenditures for new product launches[132]. - Net cash provided by operating activities increased by $43.1 million to $6.8 million in 2022, compared to a cash used of $36.2 million in 2021[195]. - Future cash obligations total $201.7 million, with $167.8 million due under the Credit Facility[200]. - The Credit Facility had an outstanding balance of $167.8 million at December 31, 2022, with a maximum borrowing capacity of $300.0 million[203]. Segment Performance - Operating income for the Control Devices segment decreased by $31.0 million (56.5%) to $23.9 million, primarily due to prior year gains from asset sales[167]. - Operating income for the Electronics segment increased by $17.6 million (141.0%) due to higher sales and lower SG&A costs[168]. - The Electronics segment's gross margin increased due to higher sales levels and favorable negotiated pricing, despite higher material costs from supply chain issues[164]. Market Outlook - For 2023, the North American automotive market is expected to increase to 15.1 million units from 14.3 million units in 2022, indicating a recovery from previous disruptions[135]. - The company anticipates a 2.0% to 3.5% decrease in production volumes in European and North American commercial markets in 2023[137]. - The company plans to focus on product development aligned with industry megatrends, particularly in electrified vehicle platforms, to drive future growth[133]. Asset Management - Total assets decreased from $665.4 million in 2021 to $652.1 million in 2022, reflecting a decline in cash and cash equivalents[258]. - The Company’s accrued expenses and other current liabilities decreased to $66,040 in 2022 from $70,139 in 2021[300]. - The Company’s reserves for product warranty and recall totaled $13.5 million at December 31, 2022, based on historical trends and current claims understanding[255]. Strategic Initiatives - The Company entered into an Asset Purchase Agreement to sell its PM sensor business for $4.0 million, plus a post-closing inventory adjustment of $1.1 million[147]. - The estimated additional costs related to the PM Sensor Exit initiative are up to $4.2 million, primarily for potential commercial settlements and legal fees[148]. - The Company has entered into foreign currency forward contracts to reduce exposure related to foreign currency fluctuations, particularly in Brazil, Argentina, Mexico, Sweden, Estonia, the Netherlands, United Kingdom, and China[224].

2 Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by the statements. Important factors that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the impact of COVID-19, or other future pandemics, on the global economy, and on our customer ...