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Superior Industries: Q1 Earnings Snapshot

Superior Industries: Q1 Earnings Snapshot

By AP News
Published - May 04, 2023, 07:51 AM ET
Last Updated - Jun 21, 2023, 10:55 PM EDT

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Superior Industries International Inc. (SUP) on Thursday reported a loss of $4 million in its first quarter.

The Southfield, Michigan-based company said it had a loss of 49 cents per share. Losses, adjusted for restructuring costs and amortization costs, came to 7 cents per share.

The maker of aluminum wheels for the auto industry posted revenue of $381 million in the period.

Superior Industries expects full-year revenue in the range of $1.55 billion to $1.63 billion.

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