Core Molding Technologies

Core Molding Technologies, Inc. engages in manufacturing of sheet molding compound and molding of fiberglass reinforced plastics. It focuses on producing large-format moldings and offers a range of fiberglass processes, spray-up, hand-lay-up, and resin transfer molding. The company was founded in 1996 and is headquartered in Columbus, OH.

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Core Molding Technologies reports record-breaking 2022 performance and growth strategies

Core Molding Technologies delivered impressive financial results in 2022, marked by record revenue and profitability. The company's strategic focus on operational excellence, sustainability, and growth through acquisitions has positioned it for continued success.
While challenges such as market dynamics and competition exist, Core Molding Technologies' strong financial foundation and innovation-driven approach provide resilience. Opportunities in expanding partnerships, market segments, and technology investments offer avenues for sustained growth.
By optimizing operational performance, increasing capacity, and aligning executive compensation with financial performance, Core Molding Technologies is poised to navigate challenges and capitalize on opportunities in the evolving market landscape.

Core Molding Technologies (CMT) reports robust Q1 performance and eyes growth through sustainability and operational excellence

Core Molding Technologies (CMT) demonstrated strong financial performance and operational efficiency in Q1 2023, with notable revenue growth and improved gross margins.
While facing challenges in enhancing profitability further and navigating market uncertainties, CMT's focus on sustainability and operational excellence positions them well for future growth.
By seizing opportunities in capacity expansion, technical solution sales, and sustainability initiatives, CMT can drive continued success and market differentiation in the industry.

Core Molding Technologies achieves record Q2 margins amid growth initiatives

Core Molding Technologies (CMT) delivered a robust performance in Q2 2023, marked by record gross margins and strong sales growth. While facing challenges related to anticipated lower sales and margins in the second half, the company remains optimistic about its operational efficiency and growth prospects. By emphasizing sustainability and strategic initiatives, CMT aims to drive long-term value creation and capitalize on opportunities for expansion.

Core Molding Technologies achieves record EBITDA amidst revenue challenges

Core Molding Technologies demonstrated resilience with operational improvements, record-high EBITDA, and strategic contract wins, positioning the company for future growth.
While facing challenges such as revenue softening and industry headwinds, the company's focus on sustainability, acquisitions, and strategic initiatives offers avenues for overcoming obstacles.
Opportunities lie in new contract signings, acquisitions for market diversification, and sustainable practices, presenting avenues for long-term growth and business success.
Overall, Core Molding Technologies' Q3 performance reflects a mix of strengths, challenges, and opportunities, underscoring the company's strategic direction and potential for sustained success.

Core Molding Technologies achieves record earnings amidst sales challenges

Despite facing revenue declines and sales outlook challenges, Core Molding Technologies delivered strong financial performance in 2023. The company remains focused on margin enhancement, strategic growth initiatives, and capital management to navigate market uncertainties.

Core Molding Technologies reports Q1 2024 results, focuses on growth and profitability

Core Molding Technologies navigated challenges with lower sales by focusing on operational improvements and profitability initiatives. The company remains committed to growth, sustainability, and enhancing customer relationships through strategic investments.

Core Molding Technologies reports Q2 results, eyes acquisitions for growth

Core Molding Technologies reported mixed Q2 2024 results with sales decline YoY but sequential improvement. The company's strategic transformation plan yielded quality awards and operational enhancements.
While facing challenges from soft end customer demand impacting margins, CMT maintains a strong financial position with healthy cash reserves. Pursuing acquisitions and focusing on sales transformation present growth opportunities.
Navigating market conditions and optimizing cost management will be crucial for Core Molding Technologies to mitigate margin pressures and drive sustainable growth in the future.

Core Molding Technologies reports Q3 results, anticipates sales decline in 2024

Core Molding Technologies (CMT) reported Q3 2024 financials, highlighting sales, EBITDA, and net income figures. The company's strong cash position and capital allocation strategy provide a solid foundation for future growth. While facing challenges such as declining sales and margin pressures, CMT remains focused on growth strategies and cost efficiencies to drive performance.

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COLUMBUS, Ohio, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that the Company will present at the Southwest IDEAS Investor Conference at 10:05 am CT on November 16, 2023, at The Statler Dallas, and management will also be available for 1x1 meetings that day. The presentation will be webcast and may be accessed through the conference host's main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: https://coremt.com/investor-relations/events-presentations/.

Core Molding Technologies Presenting at the 15th Annual Southwest IDEAS Investor Conference on November 16th in Dallas, TX

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Core Molding Technologies, Inc. (NYSE:CMT ) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Sandy Martin - IR, Three Part Advisors Dave Duvall - President & Chief Executive Officer John Zimmer - Executive Vice President, Secretary, Treasurer & Chief Financial Officer Conference Call Participants Tim Moore - EF Hutton Jeff Geygan - Global Value Investment Corp Operator Good morning, everyone. Welcome to the Core Molding Technologies Third Quarter Fiscal 2023 Financial Results Conference Call.

Core Molding Technologies, Inc. (CMT) Q3 2023 Earnings Call Transcript

Strategic Initiatives Continue to Drive Higher Returns and Generate Strong Cash Flow Strategic Initiatives Continue to Drive Higher Returns and Generate Strong Cash Flow

Core Molding Technologies Reports Fiscal 2023 Third Quarter Results

COLUMBUS, Ohio, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its third quarter fiscal 2023 results on Tuesday, November 7, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.

Core Molding Technologies Announces Timing of Third Quarter Fiscal 2023 Results

Core Molding Technologies has seen a significant increase in its share price and has access to a large total addressable market valued at over $10 billion. CMT specializes in the manufacturing of thermoplastic and thermoset structural products, serving diverse markets across various sectors. The company faces some risks related to fluctuating material costs and potential disruptions in its supply chain, but its financials show progress and a strong cash position.

Core Molding Technologies: Margins Are Expanding Quickly

COLUMBUS, Ohio, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. is deeply saddened to announce the passing of James F. Crowley, a valued member of our Board of Directors. James Crowley passed away peacefully on August 24, 2023, leaving behind a legacy of leadership and dedication that will forever be remembered.

Core Molding Technologies, Inc. Mourns the Passing of Esteemed Board Member

Core Molding Technologies, Inc. (NYSE:CMT ) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Sandy Martin - IR, Three Part Advisors Dave Duvall - President & CEO John Zimmer - EVP, Secretary, Treasurer & CFO Conference Call Participants Tim Moore - EF Hutton JP Geygan - Global Value Investment Corporation Operator Good morning, everyone. Welcome to the Core Molding Technologies second-quarter fiscal 2023 financial results conference call.

Core Molding Technologies, Inc. (CMT) Q2 2023 Earnings Call Transcript

COLUMBUS, Ohio, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that the Company will present at the Midwest IDEAS Investor Conference at 9:20 am CT on August 24, 2023, at The Gwen in Chicago, and management will also be available for 1x1 meetings that day. The presentation will be webcast and may be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: https://coremt.com/investor-relations/events-presentations/.

Core Molding Technologies Presenting at the 14th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL

Strong Earnings per Share of $0.91, up 250%, on Continued Execution of Strategic Priorities Strong Earnings per Share of $0.91, up 250%, on Continued Execution of Strategic Priorities

Core Molding Technologies Reports Fiscal 2023 Second Quarter Results

COLUMBUS, Ohio, July 20, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal 2023 results on Tuesday, August 8, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.

Core Molding Technologies Announces Timing of Second Quarter Fiscal 2023 Results

COLUMBUS, Ohio, June 15, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the virtual East Coast IDEAS Conference and will host one-on-one investor meetings on June 21-22, 2023.

Core Molding Technologies to Participate in the 13th Annual East Coast IDEAS Investor Conference

COLUMBUS, Ohio, June 08, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.

Core Molding Technologies, Inc. Set To Join Russell 3000® Index

COLUMBUS, Ohio, May 15, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the Barrington Research Virtual Spring Investment Conference on May 18, 2023. Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company's investor relations contacts listed below.

Core Molding Technologies to Participate in the Barrington Research Virtual Spring Investment Conference on May 18, 2023

Core Molding Technologies, Inc. (NYSE:CMT ) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Sandra Martin - IR, Three Part Advisors David Duvall - President & CEO John Zimmer - EVP & CFO Conference Call Participants Chip Moore - EF Hutton Operator Good morning, everyone. Welcome to the Core Molding Technologies' First Quarter Fiscal 2023 Financial Results Conference Call.

Core Molding Technologies, Inc. (CMT) Q1 2023 Earnings Call Transcript

Strong Performance with Sales of $99.5 million, Earnings per Share Up 43%, Adjusted EBITDA Margin of 12.3% Strong Performance with Sales of $99.5 million, Earnings per Share Up 43%, Adjusted EBITDA Margin of 12.3%

Core Molding Technologies Reports Fiscal 2023 First Quarter Results

COLUMBUS, Ohio, May 04, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the EF Hutton Global Conference in NYC on May 10, 2023. Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company's investor relations contacts listed below.

Core Molding Technologies to Participate in the Inaugural EF Hutton Global Conference in NYC

COLUMBUS, Ohio, April 26, 2023 (GLOBE NEWSWIRE) --  Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal 2023 results on Tuesday, May 9, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.

Core Molding Technologies Announces Timing of First Quarter Fiscal 2023 Results

Core Molding Technologies, Inc. recently announced solid Q4 FY22 and FY22 results. Their gross profit margins, net income, and revenues have grown significantly in FY22 compared to FY21, and the management has provided optimistic revenue guidance for FY23.

Core Molding Technologies: Financially Sound Stock

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COLUMBUS, Ohio, March 21, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced the release of its inaugural Sustainability Report, which focuses on its Environmental, Social, and Governance (ESG) approach and strategies.

Core Molding Technologies Releases Inaugural Sustainability Report

Core Molding Technologies, Inc. (NYSE:CMT ) Q4 2022 Earnings Conference Call March 14, 2023 10:00 AM ET Company Participants Dave Duvall - President & CEO John Zimmer - EVP & CFO Sandy Martin - Three Part Advisors, IR Conference Call Participants Chip Moore - EF Hutton Operator Good morning, and welcome to the Core Molding Technologies Fourth Quarter and Fiscal Full-Year 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded today.

Core Molding Technologies, Inc. (CMT) Q4 2022 Earnings Call Transcript

Record Full Year Sales, Net Income and Adjusted EBITDA Record Full Year Sales, Net Income and Adjusted EBITDA

Core Molding Technologies Reports Full Year and Fourth Quarter 2022 Results

COLUMBUS, Ohio, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fiscal 2022 fourth quarter and year end results on Tuesday, March 14, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.

News for Core Molding Technologies Stock (CMT)