CVG Reports Third Quarter 2024 Results
Commercial Vehicle Group, Inc. (CVGI)
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm
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US:NASDAQ Investor Relations:
ir.cvgrp.com
Company Research
Source: GlobeNewswire
Third quarter sales of $172 million, EPS of $(0.03), Adjusted EBITDA of $4.3 millionMakes progress on strategic portfolio actionsProvides updated guidance for full year 2024 NEW ALBANY, Ohio, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2024. As a result of strategic portfolio actions, results from the Cab Structures and Industrial Automation businesses have been reclassified to discontinued operations for current and prior periods. The results and comparisons presented below reflect continuing operations unless otherwise noted. Third Quarter 2024 Highlights (Results from Continuing Operations; compared with prior year, where comparisons are noted) Revenues of $171.8 million, down 15.3%, due primarily to a global softening in customer demand.Operating loss of $1.1 million, adjusted operating loss of $0.4 million, down compared to operating
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CVGI
News
- Woodson Equity Acquires Commercial Vehicle Group’s First Source Electronics BusinessBusiness Wire
- Saudi Arabia Automotive Actuators Market Forecast Report (2024-2032) by Type, Product, Vehicle, and Sales Channel [Yahoo! Finance]Yahoo! Finance
- Global light vehicle sales rebound in October [Yahoo! Finance]Yahoo! Finance
- Impressive Earnings May Not Tell The Whole Story For Commercial Vehicle Group (NASDAQ:CVGI) [Yahoo! Finance]Yahoo! Finance
- Bengur Bryan Advises Commercial Vehicle Group on the Sale of its First Source Electronics Business to Woodson EquityPR Web
CVGI
Earnings
- 11/4/24 - Miss
CVGI
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- CVGI's page on the SEC website