secwatch.observer — SEC 8-K summary
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Issuer:     Commercial Vehicle Group, Inc. (CVGI)
CIK:        0001290900
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001628280-25-011744
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVG Q4 2024 revenue down 15.7% to $163.3M; net loss $35M; guides FY2025 sales $670-710M
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- Q4 2024 operating loss of $5.3M vs operating income of $4.1M YoY; adjusted EBITDA down 89.2% to $0.9M.
- Net loss from continuing ops of $35.0M ($1.04 diluted EPS); includes $28.8M non-cash tax valuation allowance.
- Full-year 2024 revenue $723.4M (-13.4% YoY); new business wins >$97M, mostly in Electrical Systems outside Construction & Ag.
- Full-year 2025 guidance: net sales $670-$710M, adjusted EBITDA $25-$30M; expects 2025 Class 8 truck builds of 316K units.
- New organizational structure effective Jan 1, 2025: Global Electrical Systems, Global Seating, and Trim Systems & Components.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290900/000162828025011744/0001628280-25-011744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290900/000162828025011744/cvgi-20250310.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-011744

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