---
schema_version: "secwatch.filing_event.v1"
accession: "0001026655-23-000186"
form_type: "8-K"
ticker: "CMT"
cik: "0001026655"
company_name: "CORE MOLDING TECHNOLOGIES INC"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T12:55:21.591764+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Core Molding Q3 net income surges to $4.4M from $1.3M; adjusted EPS up 51%

## Summary
- Q3 net sales $86.7M vs $101.6M prior year; product sales down 12.4% to $80.9M.
- Gross margin improved to 17.6% from 13.1%; operating income $5.9M vs $4.6M.
- Net income $4.4M ($0.49 diluted) vs $1.3M ($0.16); adjusted EPS $0.53 vs $0.35.
- Adjusted EBITDA $9.8M (11.3% of sales) vs $8.4M (8.3%) a year ago.
- One-time equipment relocation costs of $0.5M; prior year had $1.6M debt extinguishment loss.

## SEC filing metadata
- accession: 0001026655-23-000186
- form_type: 8-K
- ticker: CMT
- cik: 0001026655
- company_name: CORE MOLDING TECHNOLOGIES INC
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000186/0001026655-23-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000186/cmt-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026655-23-000186
- JSON: https://secwatch.observer/filing/0001026655-23-000186.json
- Plain text: https://secwatch.observer/filing/0001026655-23-000186.txt

## Key facts
- Earnings Releases
  CORE MOLDING TECHNOLOGIES INC reported the third quarter ended September 30, 2023 results: revenue $86.7 million, net income $4.4 million, EPS $0.49 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $86.7 million
  - Net income: $4.4 million
  - EPS: $0.49 per diluted share
  - Result: reported results
  source text: the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2023. Third Quarter 2023 Highlights • Net sales of $86.7 million, compared to $101.6 million in the prior year; and product sales of $80.9 million, down 12.4% from the prior year. Product sales increased by 19.6% on a cumulative basis over two
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000186/0001026655-23-000186-index.htm
- Earnings Releases
  CORE MOLDING TECHNOLOGIES INC reported Nine Month 2023 results: revenue $284.0 million, net income $18.1 million, EPS $2.08 per diluted share.
  - Period: Nine Month 2023
  - Revenue: $284.0 million
  - Net income: $18.1 million
  - EPS: $2.08 per diluted share
  - Result: reported results
  source text: Nine Month 2023 Highlights • Net sales of $284.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026655/000102665523000186/0001026655-23-000186-index.htm

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