CVGI Q1 2024 Earnings — Commercial Vehicle Group, Inc. Revenue & Financial Results | Market Cap Arena

CVGICommercial Vehicle Group, Inc.

$62M

Q1 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$195M-25.9% YoY

Gross Profit

$23M11.9% margin

Operating Income

$5M2.3% margin

Net Income

$3M1.5% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$7M

Stock-Based Comp.

$664,000

Balance Sheet

Total Assets

$509M

Total Liabilities

$334M

Stockholders' Equity

$176M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$263M	-25.9%
Gross Profit	$23M	$35M	-34.2%
Operating Income	$5M	$15M	-69.2%
Net Income	$3M	$9M	-66.2%

Revenue Segments

Electronic Wire Harnesses, Panel and Assemblies

$64M83%

Mirrors, Wipers and Controls

$13M17%