---
schema_version: "secwatch.filing_event.v1"
accession: "0001026655-23-000058"
form_type: "8-K"
ticker: "CMT"
cik: "0001026655"
company_name: "CORE MOLDING TECHNOLOGIES INC"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T07:49:32.012655+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Core Molding Q1 net sales up 10% to $99.5M; diluted EPS $0.66 vs $0.46

## Summary
- Net sales $99.5M, up 9.8% YoY; product sales $98.3M, up 9.4%.
- Net income $5.9M ($0.66 diluted EPS) vs $3.9M ($0.46) prior year.
- Adjusted EBITDA $12.2M (12.3% margin) vs $9.5M (10.5% margin) prior year.
- Gross margin 17.8% (up from 16.0%); operating income $8.1M (8.1% of sales).
- Management highlights four strategic growth initiatives; return on capital employed 22% annualized.

## SEC filing metadata
- accession: 0001026655-23-000058
- form_type: 8-K
- ticker: CMT
- cik: 0001026655
- company_name: CORE MOLDING TECHNOLOGIES INC
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000058/0001026655-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000058/cmt-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026655-23-000058
- JSON: https://secwatch.observer/filing/0001026655-23-000058.json
- Plain text: https://secwatch.observer/filing/0001026655-23-000058.txt

## Key facts
- Earnings Releases
  CORE MOLDING TECHNOLOGIES INC reported first quarter ended March 31, 2023 results: revenue $99.5 million, net income $5.9 million, EPS $0.66 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $99.5 million
  - Net income: $5.9 million
  - EPS: $0.66 per diluted share
  - Result: reported results
  source text: First Quarter 2023 Highlights as compared to Prior Year • Net sales of $99.5 million, up 9.8% from $90.6 million in the prior year; and product sales of $98.3 million, up 9.4%. • Gross margin of $17.7 million, or 17.8% of net sales, compared to $14.5 million or 16.0% of net sales. • Selling, general and administrative expenses of $9.7 million, or 9.7% of net sales compared to $8.5 million or 9.4%. • Operating income of $8.1 million, or 8.1% of net sales, versus operating income of $6.0 million, or 6.6% of net sales. • Net income of $5.9 million, or $0.66 per diluted share, compared to net income of $3.9 million, or $0.46 per diluted share. • Adjusted EBITDA 1 of $12.2 million, or 12.3% of net sales, compared to $9.5 million, or 10.5%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000058/0001026655-23-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.