Improved Cash Flow Highlights Cooper Standard's Fourth Quarter and Full Year 2023 Results
Cooper Standard(US:CPS) Prnewswire·2024-02-15 21:30NORTHVILLE, Mich., Feb. 15, 2024 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the fourth quarter and full year 2023. Fourth Quarter 2023 Summary Sales totaled $673.6 million, an increase of 3.7% compared to fourth quarter 2022 Gross profit totaled $64.7 million, an increase of 19.1% compared to fourth quarter 2022 Net loss of $55.2 million, or $(3.16) per diluted share, reflected an improvement of $32.9 million vs. the fourth quarter 2022 Adjusted EBITDA totaled $27. ...