Phinia sales, net income fall
AUBURN HILLS–Phinia Inc. (NYSE: PHIN), a manufacturer of fuel systems and electrical systems and aftermarket auto parts, reported net income of $14 million or 31 cents a share in the …
Stoneridge loss shrinks
NOVI–Stoneridge Inc. (NYSE: SRI) announced a first quarter loss of $6.1 million or 22 cents a share in the first quarter of 2024, an improvement from a loss of $7.4 million …
Masco Corp. sales slump 3%, but profits rise 5%
LIVONIA–Masco Corp. (NYSE: MAS), the manufacturer of branded home improvement and building products, reported net income of $215 million or 97 cents a share in the first quarter of 2024, …
Rockwell Medical loss shrinks on higher sales
WIXOM–Rockwell Medical Inc. (Nasdaq: RMTI), the developer of hemodialysis products, reported a loss of $8.4 million or 26 cents a share for 2023, an improvement from a loss of $18.7 …
Superior posts loss on 16% sales decline
SOUTHFIELD–Superior Industries International Inc. (NYSE:SUP) posted a loss of $2.4 million or 44 cents a share in the fourth quarter, compared to net income of $16.5 million or 25 cents …
Stoneridge trims annual loss on higher sales
NOVI–The transportation technology manufacutrer Stoneridge Inc. (NYSE: SRI) reported a loss of $5.2 million or 19 cents a share for the full year 2023, vs. a loss of $10.7 million …
TriMas profit tumbles due to one-time property sale a year ago
BLOOMFIELD HILLS–The diversified manufacturer TriMas Corp. (NYSE: TMS) reported net income of $7.9 million or 19 cents a share for the fourth quarter, down from $18.8 million or 45 cents …
Phinia sales rise 4.5% in 2023, but profits fall
AUBURN HILLS–The transportation industry supplier Phinia Inc. reported net income of $102 million or $2.17 a share in 2023, down from $262 million or $5.57 a share in 2022. Revenue …
Rockwell Medical loss shrinks on higher sales, cost cuts
WIXOM–Rockwell Medical Inc. (Nasdaq: RMTI), developer and manufacturer of hemodialysis products, posted a loss of $1.9 million or 7 cents a share in the third quarter, vs. a loss of …
Phinia sales up, earnings down
AUBURN HILLS–Phinia Inc. (NYSE: PHN), the Auburn Hills-based auto suppiler, reported net income of $11 million or 24 cents a share in the third quarter, down from $89 million or …