CVG Reports Third Quarter 2023 Results
NEW ALBANY, Ohio, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2023.
- Third quarter 2023 revenues were $246.7 million, compared to $251.4 million in the prior year period, a decrease of 1.9%.
- Operating income in the third quarter 2023 was $12.4 million compared to $9.5 million in the prior year period.
- Third quarter 2023 adjusted operating income was $12.5 million, excluding special charges.
- Interest associated with debt and other expenses was $2.6 million and $2.8 million for the third quarter 2023 and 2022, respectively.