Brief: Cooper Standard Reports Quarterly Loss Per Share $5.98

Cooper-Standard Holdings

17/02/2022 21:36

Feb 17 (Reuters) - Cooper-Standard Holdings Inc  CPS.N :
    * COOPER STANDARD REPORTS FOURTH QUARTER AND FULL YEAR 2021
RESULTS
    * QTRLY SALES OF $601.3 MILLION INCREASED SEQUENTIALLY BY
14%
COMPARED TO Q3 2021
    * QTRLY ADJUSTED EBITDA OF $2.0 MILLION INCREASED
SEQUENTIALLY BY
$35.9 MILLION AS COMPARED TO Q3 2021
    * QTRLY LOSS PER SHARE $5.98
    * SEES FY 2022 SALES $2.6 BILLION- $2.8 BILLION
    * QTRLY ADJUSTED LOSS PER DILUTED SHARE $2.94
    * SEES FY 2022 ADJUSTED EBITDA $50 - $60 MILLION
    * SEES FY 2022 CAPITAL EXPENDITURES $90 MILLION - $100
MILLION

Source text for Eikon:  ID:nEQ6k3SjBa 
Further company coverage:  CPS.N 

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