NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Commercial Vehicle Group Inc. (CVGI) on Monday reported a loss of $7.1 million in its third quarter.
On a per-share basis, the New Albany, Ohio-based company said it had a loss of 21 cents. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 14 cents per share.
The supplier of products for heavy duty trucks posted revenue of $152.5 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $157.4 million.
Commercial Vehicle Group expects full-year revenue in the range of $640 million to $650 million.
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