CVGI Q1 net loss $0.09/diluted share; revenue down 12.7% to $169.8M; updates FY2025 guidance

Commercial Vehicle Group, Inc.

Revenue $169.8M (-12.7% YoY); net loss from cont. ops $3.1M or $(0.09) diluted EPS; adjusted net loss $(0.08).
Adjusted EBITDA $5.8M (-40.2% YoY); free cash flow $11.2M (up $17.7M); net debt reduced $11.7M vs Q4 2024.
Full-year 2025 guidance lowered: net sales $660-690M (prior $670-710M), Adj. EBITDA $22-27M (prior $25-30M).
Chairman Bob Griffin retiring; Board member Bill Johnson expected to become Chairman effective May 15, 2025.
Reorganized into three segments: Global Seating, Global Electrical Systems, Trim Systems and Components.

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