Stoneridge(SRI) - 2024 Q2 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE Stoneridge Reports Second Quarter 2024 Results Q2 Operating Performance Significantly Outperforms Previously Provided Expectations Driven by Strong Margin Expansion 2024 Second Quarter Results • Sales of $237.1 million • Gross profit of$ 53.7 million (22.7% of sales) • Operating income of $3.4 million • Adjusted operating income of$ 5.4 million (2.3% of sales) • Adjusted EBITDA of $16.1 million (6.8% of sales) • Earnings per share ("EPS") of$ 0.10 • Adjusted EPS of $0.17 2 ...