NEW ALBANY, Ohio (AP) _ Commercial Vehicle Group Inc. (CVGI) on Monday reported a first-quarter loss of $24.6 million, after reporting a profit in the same period a year earlier.
The New Albany, Ohio-based company said it had a loss of 80 cents per share. Earnings, adjusted for one-time gains and costs, came to 2 cents per share.
The supplier of products for heavy duty trucks posted revenue of $187.1 million in the period.
In the final minutes of trading on Monday, the company's shares hit $1.70. A year ago, they were trading at $7.58.