Mayville Engineering Company, Inc. Announces Second Quarter 2019 Results
Mayville Engineering Company, Inc. (MEC)
Last mayville engineering company, inc. earnings: 2/26 05:00 pm
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Source: Business Wire
Robust Operating Results in Line with Internal Expectations; Reaffirming 2019 Outlook MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket services, today announced results for the second quarter ended June 30, 2019.Highlights: Completed IPO in May generating total net proceeds of $101.8 millionProduced net sales of $145.1 millionNet loss of $15.3 million includes $23.2 million of one-time IPO related chargesRecorded Adjusted EBITDA of $17.8 millionLowered the Company’s total outstanding debt balance by $90.9 millionDefiance Metal Products (“DMP”) performance and integration remain on trackCompany reaffirms 2019 full-year outlook“Our leading market position and reputation within the industry, coupled with our operational effectiveness and agility were key factors in our
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MEC
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- Earnings Miss: Mayville Engineering Company, Inc. Missed EPS By 29% And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
MEC
Earnings
- 11/5/24 - Beat
MEC
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- 11/7/24 - Form 4/A
- MEC's page on the SEC website