CVG Raises 2026 Revenue Outlook to $755 Million-$775 Million
Bitget2026/11/03 11:37- CVG raised its fiscal 2026 revenue outlook to $755 million–$775 million from $725 million–$755 million.
- Adjusted EBITDA guidance narrowed to $26 million–$29 million from $26 million–$31 million.
- Growth expectations reflect new business ramps, including Zoox, and increased construction demand.
- Free cash flow remains forecast to be positive, with debt repayment prioritized.
- Net leverage is expected to decline toward the roughly 2x long-term target from 2.7x at September-end.
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