In This Article:
Commercial Vehicle Group (NASDAQ:CVGI) Full Year 2024 Results
Key Financial Results
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Revenue: US$723.4m (down 27% from FY 2023).
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Net loss: US$35.7m (down by 172% from US$49.4m profit in FY 2023).
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US$1.07 loss per share (down from US$1.50 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Commercial Vehicle Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.4% growth forecast for the Machinery industry in the US.
Performance of the American Machinery industry.
The company's shares are down 6.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Commercial Vehicle Group (1 is potentially serious!) that you should be aware of.
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