Standard Motor Products Q2 Operating Income USD 50.844 Million
SMP•Q2 results and guidance
Aug. 4 (Reuters) - Standard Motor Products reported second-quarter results including:
- Gross profit: USD 164.619 million
- Operating income: USD 50.844 million
- Net income: USD 30.644 million
- Sales: USD 501.599 million
- Adjusted EPS: USD 1.4
The company also reaffirmed full-year guidance of low to mid-single digit sales growth and an adjusted EBITDA margin of 11% - 12%.
