Stoneridge (SRI) said Monday it received a new program award for its MirrorEye Camera Monitor System.
The award, with an existing bus platform of a global commercial vehicle manufacturer, represents about $42.3 million in projected lifetime revenue and $10.6 million in estimated peak annual revenue, with full commercialization expected in 2027, the company said.
Price: 7.37, Change: -0.02, Percent Change: -0.34
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.