earnings
confidence high
sentiment neutral
materiality 0.50
CVG Q1 revenue up 1% to $171.5M; EPS $0.03; adjusted EBITDA $4.8M, down 17%
Commercial Vehicle Group, Inc.
- Revenue $171.5M (+1% YoY); GAAP net income $0.9M ($0.03 diluted EPS) vs loss of $3.1M in Q1 2025.
- Adjusted net loss $3.4M ($0.10 per share) widened from adjusted loss $2.6M ($0.08) in prior year.
- Adjusted EBITDA $4.8M, down 17% YoY; margin 2.8% vs 3.4%.
- Completed sale-leaseback of Vonore, TN facility; reduced debt $12.8M since year-end 2025.
- Reaffirmed FY2026 guidance: net sales $660-700M, adjusted EBITDA $24-30M, positive FCF.