SOUTHFIELD, Mich. (AP) — Superior Industries International Inc. (SUP) on Friday reported a loss of $190.1 million in its first quarter.
On a per-share basis, the Southfield, Michigan-based company said it had a loss of $7.84. Losses, adjusted for one-time gains and costs, came to 25 cents per share.
The maker of aluminum wheels for the auto industry posted revenue of $301.1 million in the period.
The company's shares closed at $1.28. A year ago, they were trading at $4.85.