Core Molding Technologies Reports Fiscal 2024 First Quarter Results
Core Molding Technologies Inc (CMT)
NASDAQ:AMEX Investor Relations:
coremt.com/investor-relations/corporate-overview
Company Research
Source: GlobeNewswire
COLUMBUS, Ohio, May 07, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the three months ended March 31, 2024. First Quarter 2024 Highlights Total net sales of $78.1 million decreased 21.5% compared to the prior year first quarter. Sequentially, first quarter net sales improved by 5.9%, up from $73.8 million in the 2023 fourth quarter.Gross margin of $13.3 million, or 17.0% of net sales, decreased from 17.8% of net sales compared to the prior year first quarter. Sequentially, gross margin improved 220 basis points from 14.8% in the 2023 fourth quarter.Selling, general, and administrative expenses of $8.6 million, or 11.0
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News
- Core Molding Technologies to Present and Host 1x1 Meetings at the 14th Annual East Coast IDEAS Conference on June 13, 2024GlobeNewswire
- Is Core Molding Technologies (CMT) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
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- Is Core Molding Technologies (CMT) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Core Molding Technologies, Inc. (AMEX:CMT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CMT
Earnings
- 5/7/24 - Beat
CMT
Sec Filings
- 5/30/24 - Form 4
- 5/30/24 - Form 4
- 5/28/24 - Form 4
- CMT's page on the SEC website