Cooper Standard Q2 FY26 net loss widens to $18.8 million; sales rise 2.2% to $721.3 million
Reuters2026/08/05 21:56Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Cooper-Standard posted a Q2 net loss of USD 18.8 million, or USD 1.04 a share, as net sales rose 2.2% to USD 721.3 million.
- Adjusted EBITDA (non-GAAP) fell to USD 53.9 million from USD 62.8 million, while free cash flow swung to USD 16.3 million from negative USD 23.4 million.
- Restructuring charges totaled USD 17.1 million, while net cash from operations improved to USD 30.1 million from negative USD 15.6 million.
- Net new business awards reached USD 118.4 million, including USD 36.6 million tied to battery-electric or full-hybrid platforms.
- Full-year adjusted EBITDA guidance (non-GAAP) was tightened to USD 265 million-USD 295 million, while sales guidance stayed at USD 2.7 billion-USD 2.9 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cooper-Standard Holding Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE20038) on August 05, 2026, and is solely responsible for the information contained therein.
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