Core Molding Stock Price, News & Analysis

Core Molding Technologies (NYSE American: CMT) announced a planned leadership transition, with current CEO Dave Duvall set to retire on May 31, 2026. Chief Operating Officer Eric Palomaki will succeed as President and CEO effective June 1, 2026.

Under Duvall's leadership since 2018, Core Molding transformed from financial instability to sustained growth, achieving significant milestones including financial turnaround from bank default to profitability, consistent margin expansion, and market diversification into EV battery enclosures, industrial, and aerospace sectors. Following his retirement, Duvall will continue as Executive Advisor through December 2027.

Palomaki, who has been with the company since 2018, has led major transformational initiatives, particularly in Operational Excellence, and will continue executing the company's Invest For Growth strategy.

Core Molding Technologies (NYSE American: CMT) reported its Q2 2025 financial results, marked by strategic growth initiatives despite market challenges. The company secured $47 million in new business wins in the first half and announced a $25 million organic investment for expansion in Mexico.

Q2 2025 financial highlights include net sales of $79.2 million (down 10.7% YoY), gross margin of 18.1%, and net income of $4.1 million ($0.47 per diluted share). The company won significant Volvo Mexico programs launching in Q1 2027, expected to generate $150 million in revenues over 7-10 years.

Core Molding maintains strong liquidity with $93.2 million total available, including $43.2 million in cash. The company continues its shareholder return program, repurchasing 88,207 shares at an average price of $15.07 during Q2.

Core Molding Technologies (NYSE American: CMT), a leading engineered materials company specializing in molded structural products, has scheduled its second quarter fiscal 2025 earnings release for Tuesday, August 5, 2025, before market open.

The company will host a conference call at 10:00 AM Eastern on the same day. Investors can access the call via phone using the participant code 295172 or through a webcast on the company's investor relations website. A replay will be available until August 19th.

Core Molding Technologies (NYSE American: CMT), a leading engineered materials company, announced its participation in the 15th Annual East Coast IDEAS Investor Conference at The Westin Time Square in New York City on June 11, 2025. The company's management team, including CEO Dave Duvall, CFO Alex Panda, and COO Eric Palomaki, will deliver a presentation from 2:45-3:20 PM ET and host one-on-one investor meetings throughout the day. The presentation will be available via webcast through Core Molding's investor relations website, with a replay option available afterward. Core Molding specializes in molded structural products for building products, industrial and utilities, medium and heavy-duty truck, and powersports industries across the United States, Canada, and Mexico.

Core Molding Technologies (NYSE American: CMT) has released its third annual Sustainability Report, showcasing its commitment to responsible business practices and environmental goals. The company, which specializes in molded structural products for various industries, has outlined its '30 X 30' strategy aimed at reducing energy use, greenhouse gas emissions, and landfill waste by 30% by the end of fiscal 2030.

CEO Dave Duvall emphasized the company's focus on environmental stewardship and corporate governance, while Sustainability Leader Roberto Cervantes highlighted the implementation of integrated monthly operations reviews and quarterly sustainability reporting processes to track progress toward these environmental goals.

Core Molding Technologies (NYSE American: CMT) reported its Q1 2025 financial results, showing mixed performance. Total net sales decreased 21.4% to $61.4 million compared to Q1 2024. However, the company demonstrated improved operational efficiency with gross margin increasing to 19.2% from 17.0% year-over-year. Net income was $2.2 million ($0.25 per diluted share), down from $3.8 million ($0.43 per diluted share) in Q1 2024. The company secured $15 million in new business wins, including $10 million from sheet molding compound materials. Core Molding maintains strong liquidity with $94.5 million total available funds, including $44.5 million in cash. The company repurchased 63,377 shares at an average price of $14.50 and plans capital expenditures of $10-12 million for 2025.

Core Molding Technologies (NYSE American: CMT), a leading engineered materials company, has scheduled its first quarter fiscal 2025 earnings release for Thursday, May 8, 2025, before market open.

The company, which specializes in molded structural products across building products, utilities, transportation and powersports industries in North America, will host a conference call on the same day at 10:00am Eastern.

• Investors can join by phone: 1-888-506-0062
• Replay available through May 22nd: 1-877-481-4010 (Conference ID: 52363#)
• Webcast access: Available via Core Molding's Investor Relations website

Participants are advised to join at least 10 minutes before the call to register and download any necessary software. A replay will be available shortly after the call through both phone and webcast options.

Core Molding Technologies (NYSE American: CMT) reported its fiscal year 2024 results, showing a revenue decline but maintained margin stability. Net sales decreased 15.5% to $302.4 million from $357.7 million in the prior year, primarily due to lower demand across all significant markets.

Key financial metrics include:

• Gross margin of 17.6% ($53.3 million)
• Operating income of $16.7 million (5.5% of net sales)
• Net income of $13.3 million ($1.51 per diluted share)
• Record operational cash flow of $35.2 million
• Total liquidity of $91.8 million at year-end

The company secured $45 million in new revenue wins for 2024 and maintains a sales opportunity pipeline of $275 million. For 2025, Core Molding expects flat sales due to the phase-out of approximately $30 million Volvo programs, offset by higher tooling revenues and new program revenues.

Core Molding Technologies (NYSE American: CMT), a leading engineered materials company, has announced its participation in the upcoming 37th Annual Roth Conference. The event is scheduled for March 16-18, 2025, and will take place at the Laguna Cliffs Marriott in Dana Point, CA.

The company, which specializes in molded structural products across building products, industrial and utilities, medium and heavy-duty truck, and powersports industries throughout the United States, Canada, and Mexico, will have its management team available for one-on-one investor meetings during the conference. Interested investors can arrange meetings by contacting oneonone@roth.com.