CVGI Q2 2024 Earnings — Commercial Vehicle Group, Inc. Revenue & Financial Results | Market Cap Arena

CVGICommercial Vehicle Group, Inc.

$62M

Q2 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$194M-26.1% YoY

Gross Profit

$24M12.4% margin

Operating Income

$1M0.5% margin

Net Income

-$2M-0.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$503M

Total Liabilities

$334M

Stockholders' Equity

$170M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$194M	$262M	-26.1%
Gross Profit	$24M	$38M	-37.6%
Operating Income	$1M	$16M	-93.3%
Net Income	-$2M	$10M	-115.8%

Revenue Segments

Electronic Wire Harnesses, Panel and Assemblies

$59M82%

Mirrors, Wipers and Controls

$13M18%