---
schema_version: "secwatch.filing_event.v1"
accession: "0001026655-24-000130"
form_type: "8-K"
ticker: "CMT"
cik: "0001026655"
company_name: "CORE MOLDING TECHNOLOGIES INC"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:05:32.975919+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Core Molding Q3 net sales down 15.8% to $73M; EPS $0.36 vs $0.49 YoY; cuts FY revenue outlook -17%

## Summary
- Net sales $73.0M, down 15.8% YoY; net income $3.2M ($0.36 diluted EPS) vs $4.4M ($0.49) in Q3 2023.
- Operating margin 4.9% vs 6.8% YoY; adjusted EBITDA $7.5M (10.3% of sales) vs $9.8M (11.3%).
- Labor reduction completed yielding $2.6M annual cost savings; repurchased 112k shares at avg $17.62.
- Full-year 2024 revenue expected down ~17%; capex guidance $11-13M; total liquidity $92.3M.
- Won $45M new product sales YTD, 55% new work; quote pipeline over $275M; new medical bed program.

## SEC filing metadata
- accession: 0001026655-24-000130
- form_type: 8-K
- ticker: CMT
- cik: 0001026655
- company_name: CORE MOLDING TECHNOLOGIES INC
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026655/000102665524000130/0001026655-24-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026655/000102665524000130/cmt-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026655-24-000130
- JSON: https://secwatch.observer/filing/0001026655-24-000130.json
- Plain text: https://secwatch.observer/filing/0001026655-24-000130.txt

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