Commercial Vehicle Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 171.77 million compared to USD 202.9 million a year ago. Net income was USD 9.51 million compared to USD 7.29 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.14 a year ago. For the nine months, sales was USD 560.06 million compared to USD 641.75 million a year ago. Net income was USD 10.85 million compared to USD 26.13 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.64 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.63 a year ago.
CVG is an Ohio-based industrial equipment firm that manufactures products such as vehicle assemblies, suspension systems and accessories for the commercial market.