Workflow
Cooper Standard(CPS) - 2024 Q2 - Quarterly Results
CPSCooper Standard(CPS)2024-08-02 11:09

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 82.9million,anincreaseof6.782.9 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 ...