EPS of $0.09, Adjusted EBITDA of $12.7 millionElectrical Systems revenues up 1.9% year-over-year despite a softening in end marketsReaffirming full-year Revenue and Adjusted EBITDA guidance ranges NEW ALBANY, Ohio, May 06, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Highlights (Compared with prior year, where comparisons are noted) Revenues of $232.1 millio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No þ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Schedule 15(d) of the Act. Yes ¨ No þ Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preced ...

NEW ALBANY, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that James Ray, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Small-Cap Virtual Conference on March 14, 2024, at 9:15 a.m. ET. A link to the webcast and associated presentation materials can be accessed through the investor section of the Company’s website at cvgrp.com. Management will also meet virtually with investors r ...

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q4 2023 Earnings Conference Call March 5, 2024 10:00 AM ET Company Participants Andy Cheung – Chief Financial Officer James Ray – President and Chief Executive Officer Conference Call Participants Joe Gomes – Noble Capital John Franzreb – Sidoti Gary Prestopino – Barrington Guillermo Herrera – Gabelli Funds Steven Martin – Slater Capital Steve Emerson – Emerson Investment Group Andrew Brickman – Altair Operator Good morning, ladies and gentlemen, and welcome to t ...

James Ray – President & Chief Executive Officer Andy Cheung – Executive Vice President & Chief Financial Officer These slides contain forward-looking statements that are subject to risks and uncertainties. These statements often include words such as "believe", "anticipate", "plan", "expect", "intend", "will", "should", "could", "would", "project", "targets" "forecast" "continue", "likely", and similar expressions. In particular, this document may contain forward-looking statements about the Company's expec ...

Fourth quarter sales of $223 million, record annual sales of $995 million Full year adjusted EBITDA margins increased by 140 bps to 6.8% Provides outlook and guidance for full year 2024 NEW ALBANY, Ohio, March 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights (Compared with prior-year period, where comparisons are noted) Revenue ...

NEW ALBANY, OHIO (March 4, 2024) - CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023. Exhibit 99.1 CVG REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth quarter sales of $223 million, record annual sales of $995 million Full year adjusted EBITDA margins increased by 140 bps to 6.8% Provides outlook and guidance for full year 2024 Fourth Quarter 2023 Highlights (Compared with prior- ...

NEW ALBANY, Ohio, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (CVG) (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, vehicle components and accessories, plastic products and robotic assemblies, today announced that it has sold its FinishTEK business to Rowmark LLC, effective January 31, 2024. Based in Dalton, Ga., FinishTEK, is a hydrographic and paint decorator with 95,000 square feet of specialized manufacturing and warehouse space and 30 employees. Fini ...

Interest Rate Swaps. To manage our exposure to variable interest rates, we have entered into interest rate swaps to exchange, at a specified interval, the difference between fixed and variable interest amounts calculated by reference to an agreed upon notional principal amount. The interest rate swaps are intended to mitigate the impact of rising interest rates on the Company and covers approximately 50% of outstanding debt under the Term Loan Facility. Any changes in fair value are included in earnings or ...

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Andy Cheung - CFO Bob Griffin - Chairman of the Board and Interim President and CEO Conference Call Participants Joe Gomes - NOBLE Capital John Franzreb - Sidoti Gary Prestopino - Barrington Research Steven Martin - Slater Operator Good morning, ladies and gentlemen, and welcome to the CVG's Third Quarter 2023 Earnings Conference Call. During today's presentation, all parties will ...