CVG Reports Strong Q3 2026 Results with Revenue Growth and Positive Adjusted EPS
CVG (CVGI) reported robust third-quarter 2026 financial results, highlighted by a 36.5% year-over-year revenue increase to $208.1 million. This growth was driven by strong demand across all business segments, including Global Seating and Trim Systems, as well as the successful ramp of new programs like Zoox. Notably, the company achieved an adjusted EPS of $0.03, marking its first positive quarterly result since early 2024. The company also demonstrated improved operational efficiency and debt management, reducing its net leverage ratio from 4.1x to 2.7x. Following these strong results, CVG raised its full-year revenue guidance to a range of $755 million to $775 million. While adjusted EBITDA guidance was slightly narrowed due to CEO succession costs, the overall outlook remains positive supported by rising Class 8 truck production and construction market demand.
Tickers: $CVGI
Topics: debt reduction eps profitability revenue growth