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Commercial Vehicle Group Q1 2023 Earnings Report

Commercial Vehicle Group logo
$2.26 -0.11 (-4.64%)
(As of 04:00 PM ET)

Commercial Vehicle Group EPS Results

Actual EPS
$0.28
Consensus EPS
$0.14
Beat/Miss
Beat by +$0.14
One Year Ago EPS
N/A

Commercial Vehicle Group Revenue Results

Actual Revenue
$262.71 million
Expected Revenue
$243.65 million
Beat/Miss
Beat by +$19.06 million
YoY Revenue Growth
N/A

Commercial Vehicle Group Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Commercial Vehicle Group Earnings Headlines

Commercial Vehicle Group Adds Jeffrey Niew to Board
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About Commercial Vehicle Group

Commercial Vehicle Group (NASDAQ:CVGI), together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation. It offers vehicle seats and seating systems, such as static, mechanical, and air suspension seats, as well as office seating products under KAB Seating, National Seating, Bostrom Seating, and Stratos brands. The company also provides thermoformed, injection molded, reaction injection molded, and decorated/hydrographic finished products; vinyl or cloth-covered appliqués; instrument panels; plastics decorating and finishing products; cab structures; and cab interiors, including armrests, grab handles, storage systems, floor coverings and mats, sleeper bunks, headliners, wall panels, and privacy curtains under the AdvancTEK brand. In addition, it offers high and low voltage electrical wire harness assemblies function as the primary electric current carrying devices used in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial and other vehicles; and panel assemblies. Further, the company provides mirrors, wipers, and wiper systems under Bostrom, Moto Mirror, Sprague Devices, and RoadWatch brands; integrated and electro-mechanical assemblies, and cabinets. It offers its products and systems for the truck, power sports, bus, construction, mining, automotive, agricultural, mining, rail, marine, power generation, e-commerce, warehouse integration, transportation, military/defense, industrial, municipal, off-road recreational, and specialty vehicle markets. The company was incorporated in 2000 and is headquartered in New Albany, Ohio.

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