secwatch.observer — SEC 8-K summary
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Issuer:     Commercial Vehicle Group, Inc. (CVGI)
CIK:        0001290900
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001628280-23-006559
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVG reports Q4 net loss of $32M on special charges; record annual revenue $982M
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- Q4 revenue $234.9M (+2.6% YoY); net loss $32.0M ($0.98 diluted EPS) vs net income $2.6M in prior year.
- Adjusted EBITDA $13.3M (+3.1% YoY); adjusted EPS $0.04.
- Full-year 2022 revenue $981.6M (record); new business wins $150M; debt paydown $43.2M.
- 2023 outlook: record revenue, higher EBITDA, $30M cost reduction, at least $100M new business wins.
- Special items: $10.4M inventory write-down, $14.7M tax valuation allowance, $8.1M pension settlement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290900/000162828023006559/0001628280-23-006559-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290900/000162828023006559/cvgi-20230306.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-006559

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