NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Commercial Vehicle Group Inc. (CVGI) on Monday reported a loss of $38.7 million in its fourth quarter.
The New Albany, Ohio-based company said it had a loss of $1.15 per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 15 cents per share.
The supplier of products for heavy duty trucks posted revenue of $163.3 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $158.4 million.
For the year, the company reported a loss of $27.9 million, or 83 cents per share. Revenue was reported as $723.4 million.
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