secwatch.observer — SEC 8-K summary
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Issuer:     CORE MOLDING TECHNOLOGIES INC (CMT)
CIK:        0001026655
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001026655-22-000084
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Core Molding Q2 net sales record $98.7M (+23% YoY); EPS drops to $0.26 from $0.48
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- Net sales $98.7M, up 22.7% YoY; product sales $93.3M, up 17.9%.
- Net income $2.2M ($0.26 diluted EPS) vs $4.1M ($0.48); operating income $4.4M vs $6.2M.
- Adjusted EBITDA $7.9M (8.0% of sales) vs $9.7M (12.0%) in prior year.
- Refinanced with $75M credit facility; term loan swapped to fixed 4.75% through 2027.
- Extended Volvo supply agreement through 2027 with improved raw material recovery terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026655/000102665522000084/0001026655-22-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026655/000102665522000084/cmt-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001026655-22-000084

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