Core Molding Technologies, Inc. reported its financial results for the first quarter of fiscal 2025, ended March 31, 2025. The company posted net sales of $61.45 million, a decrease from $78.15 million in the prior year's first quarter.
Net income for the quarter was $2.18 million, down from $3.76 million in the same period last year. Basic earnings per share from continuing operations were $0.25, compared to $0.43 a year ago.
Despite the decline in sales and net income, the company emphasized focused operational execution that delivered profitability and positive free cash flow. These efforts are crucial for navigating current market conditions.
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