Cooper Standard Reports Third Quarter Results; Continuing Lean Initiatives Delivering Cost Savings as Planned

NORTHVILLE, Mich., Oct. 31, 2024 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the third quarter 2024.Third Quarter 2024 Summary Savings of $24.5 million realized from lean operations and cost initiatives Net loss of$11.1 million, or $(0.63) per diluted share Adjusted net loss of$12.0 million, or $(0.68) per diluted share Adjusted EBITDA of$46.1 million, or 6.7% of sales Net new business awards totaled $44.0 million"Our intense focus on lean initiatives and operatin ...