Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET

Company Participants

Andy Cheung - CFO

Bob Griffin - Chairman of the Board and Interim President and CEO

Conference Call Participants

Joe Gomes - NOBLE Capital

John Franzreb - Sidoti

Gary Prestopino - Barrington Research

Steven Martin - Slater

Operator

Good morning, ladies and gentlemen, and welcome to the CVG's Third Quarter 2023 Earnings Conference Call. During today's presentation, all parties will be in listen-only mode. Following the presentation, the conference will be open for questions with instructions to follow at that time. As a reminder, this conference is being recorded.

I would now like to turn the conference over to Mr. Andy Cheung, Chief Financial Officer. Please go ahead.

Andy Cheung

Thank you, operator, and welcome, everyone, to our conference call. Joining me on the call today is Bob Griffin, Chairman of the Board and Interim President and CEO of CVG. This morning, we will provide a brief company update as well as commentary regarding our third quarter 2023 results. After which, we will open the call for questions. As a reminder, this conference call is being webcast in the Q3, 2023 earnings call presentation, which we will refer to during this call is available on our website.

Both may contain forward-looking statements, including, but not limited to, expectations for future periods regarding market trends, cost-saving 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 confidence, compliance and liquidity, risks associated with conducting business in foreign countries and currencies and other risks as detailed in our SEC filings.

I will now turn the call over to Bob to provide a company update.

Bob Griffin

Thank you, Andy, and good morning, everyone. I would like to kick-off today's call by thanking and celebrating all of the CVG team members across the company for their ongoing commitment to delivering on our strategic initiatives. Their efforts are clearly evident in the results we've delivered, not only this quarter, but over the last few quarters.

These results provide further evidence of the progress we've been made growing and diversifying our revenue streams, optimizing our cost structure and increasing our margins, with the goal of becoming a larger, more profitable company. We remain excited about CVG's future, supported by the strength and depth of our organization and leadership teams.