secwatch.observer — SEC 8-K summary
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Issuer:     Commercial Vehicle Group, Inc. (CVGI)
CIK:        0001290900
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001628280-23-026485
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290900/000162828023026485/0001628280-23-026485-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290900/000162828023026485/cvgi-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-026485

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer