COMMERCIAL VEHICLE GROUP (NASDAQ:CVGI) REPORTS SALES BELOW ANALYST ESTIMATES IN Q3 EARNINGS, STOCK DROPS
https://s.yimg.com/ny/api/res/1.2/RbRq0BnMdHqt5jqscQpOiA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/stockstory_922/4ab9b6564b01cb933dc276c8cb61a1a3
✍️ Commercial Vehicle Group (CVGI) reported a 11.2% year-on-year decline in revenue to $152.5 million, missing analysts' estimates, and a non-GAAP loss of $0.14 per share.
👉 Revenue fell 11.2% year-on-year to $152.5 million, missing analysts' estimates 👉 Non-GAAP loss per share was $0.14, 16.7% below analysts' consensus estimates 👉 Full-year revenue guidance revised downward to $645 million 👉 Operating margin decreased by 5.3 percentage points over the last five years 👉 Earnings losses deepened over the last five years
-- #JamesRay #business
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