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BRIEF-Stoneridge reports Q1 sales $204.3 million
May 3, 2017 / 10:13 PM / 7 months ago

BRIEF-Stoneridge reports Q1 sales $204.3 million

May 3 (Reuters) - Stoneridge Inc

* Stoneridge reports strong first-quarter 2017 results and increases 2017 guidance

* Q1 adjusted earnings per share $0.38

* Q1 earnings per share $0.32

* Q1 sales $204.3 million versus I/B/E/S view $179.6 million

* Q1 earnings per share view $0.33 -- Thomson Reuters I/B/E/S

* Sees FY 2017 adjusted earnings per share $1.10 to $1.30

* Sees 2017 sales of $775.0 - $795.0 million

* Stoneridge Inc -Revised 2017 gross margin guidance to 28.5% - 30.5%, operating margin guidance to 7.0% - 8.0%, ebitda margin guidance to 10.5% - 11.5% Source text for Eikon: Further company coverage:

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