earnings
confidence high
sentiment negative
materiality 0.75
CVG Q3 2025: revenue down 11% to $152.5M, net loss $6.8M, guidance lowered
Commercial Vehicle Group, Inc.
- Net loss from continuing ops $6.8M ($0.20 diluted EPS) vs $0.9M loss a year ago; adjusted net loss $4.6M ($0.14).
- Revenue $152.5M, down 11.2% YoY due to softening in North American demand; adjusted EBITDA $4.6M (+7% YoY).
- Global Electrical Systems rev up 5.9% to $49.5M, returned to growth; Trim Systems down 29.2% to $34.3M.
- FY 2025 guidance cut: net sales now $640-650M (prior $650-670M), adjusted EBITDA $17-19M (prior $21-25M).
- Free cash flow target unchanged at >$30M; liquidity $127.8M with $31.3M cash and $96.5M credit availability.