CVG Q2 revenue $262M +4.5%, net income $10.1M, adj EBITDA $20.8M

Commercial Vehicle Group, Inc.

2023-Q2 EPS reported $0.57 revenue$524,903,000

Revenue $262.2M, up 4.5% YoY; net income $10.1M ($0.30 dil EPS) vs $2.5M ($0.08) prior year.
Adjusted EBITDA $20.8M (7.9% margin), up 67.7%; adjusted EPS $0.32 vs $0.13.
Electrical Systems segment revenue +34.4%; Industrial Automation -68.4% on weak demand.
Net new business wins YTD $124M; on track for record 2023 revenue and margin expansion.
Cash $42.4M, total liquidity $190.5M; outstanding borrowings $13.1M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.