Commercial Vehicle Group, Inc. (CVGI) CEO Harold Bevis on Q1 2021 Results - Earnings Call Transcript

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Q1: 2021-05-04 Earnings Summary

EPS of $0.27 beats by $0.20
 | Revenue of $245.12M (31.01% Y/Y) beats by $28.25M

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q1 2021 Earnings Conference Call May 5, 2021 10:00 AM ET

Company Participants

Chris Bohnert - Chief Financial Officer
Harold Bevis - President and CEO

Conference Call Participants

Chris Howe - Barrington Research
Mike Shlisky - Colliers Securities
John Franzreb - Sidoti & Company
Barry Haimes - Sage Asset Management

Operator

Good morning, ladies and gentlemen, and welcome to the CVG's First Quarter 2021 Earnings Conference Call [Operator Instructions]. As a reminder, this conference is being recorded.

I will now have to turn the call over to Mr. Chris Bohnert, Chief Financial Officer. Please go ahead, sir.

Chris Bohnert

Thank you, operator, and welcome to our conference call. Joining me on the call today is Harold Bevis, President and CEO of CVG. We'll provide a brief company update as well as commentary regarding our first quarter results. After which, we'll open the call for questions. This conference call is being webcast and a supplemental earnings presentation is available on our Web site. Both may contain forward-looking statements, including, but not limited to, expectations for future periods regarding market trends, cost savings initiatives and new product initiatives among others. Actual results may differ from anticipated results because of certain risks and uncertainties. These risks and uncertainties may include, but are not limited to, economic conditions in the markets in which CVG operates, fluctuations in the production volumes of vehicles for which CVG is a supplier, financial covenant compliance and liquidity, risks associated with conducting business in foreign countries and currencies, and other risks as detailed in our SEC filings. I'll now turn the call over to Harold to provide a company update. Harold?

Harold Bevis

Thank you, Chris. Good morning, everyone. On today's call we'll provide an overview of our first quarter results followed by an update of our strategic

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