secwatch.observer — SEC 8-K summary
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Issuer:     CORE MOLDING TECHNOLOGIES INC (CMT)
CIK:        0001026655
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001026655-25-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Molding Q1 net sales down 21.4% to $61.4M; gross margin improves to 19.2%
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- Net income of $2.2M ($0.25 diluted EPS); adjusted net income $2.6M ($0.29).
- Adjusted EBITDA of $7.2M (11.7% of sales) vs. $8.7M (11.2%) prior year.
- Gross margin rose to 19.2% from 17.0% YoY; operating income $2.8M vs. $4.7M.
- $15M in new business wins, including $10M from SMC customer agreements.
- Repurchased 63,377 shares at avg $14.50 in Q1; cash $44.5M, no revolver drawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026655/000102665525000028/0001026655-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026655/000102665525000028/cmt-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001026655-25-000028

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