Commercial Vehicle Group Announces Third Quarter 2018 Results
Commercial Vehicle Group, Inc. (CVGI)
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm
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US:NASDAQ Investor Relations:
ir.cvgrp.com
Company Research
Source: PR Newswire
NEW ALBANY, Ohio, Nov. 5, 2018 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company") (NASDAQ: CVGI) today reported financial results for the third quarter ended September 30, 2018.Third Quarter($ in millions except EPS)20182017Revenues$225.0$198.3Operating Income$16.5$10.7Net Income$12.6$4.8Basic EPS$0.42$0.16Diluted EPS$0.41$0.16Patrick Miller, President and CEO, stated, "We've successfully increased production to meet considerably higher market demand which has driven revenues and earnings up significantly. Compared to the same period last year, revenues are up 13 percent and our Global Truck and Bus Segment is up 20 percent. North American heavy-duty truck orders are at a record breaking pace contributing to a historically high order backlog. This backlog is a good indicator that truck production in 2019 should be even higher than 2018, barring unexpected market shocks. We believe this backlog, combined with our growing wire harness business, will result in higher 2019
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CVGI
Earnings
- 3/4/24 - Miss
CVGI
Sec Filings
- 4/19/24 - Form DEF
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- CVGI's page on the SEC website