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mec(MEC) - 2024 Q2 - Quarterly Results
2024-08-06 20:30
Exhibit 99 MAYVILLE ENGINEERING COMPANY ANNOUNCES SECOND QUARTER 2024 RESULTS MILWAUKEE, Wis., August 6, 2024 – Mayville Engineering Company (NYSE: MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended June 30, 2024. SECOND QUARTER 2024 RESULTS (All comparisons versus the prior-year period) ● Net sales of $163.6 million, or +17.7%, including organic growth of 6.9% ● Net ...
Mayville Engineering (MEC) Soars 5.3%: Is Further Upside Left in the Stock?
ZACKS· 2024-07-12 15:02
Mayville Engineering (MEC) shares rallied 5.3% in the last trading session to close at $17.35. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.4% loss over the past four weeks. This company is expected to post quarterly earnings of $0.17 per share in its upcoming report, which represents a year-over-year change of -15%. Revenues are expected to be $160.38 million, up 15.4% from the year-ago quarter. The sto ...
Are Investors Undervaluing Mayville Engineering (MEC) Right Now?
ZACKS· 2024-05-30 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they bel ...
Should Value Investors Buy Mayville Engineering (MEC) Stock?
Zacks Investment Research· 2024-05-14 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, in ...
mec(MEC) - 2024 Q1 - Earnings Call Transcript
2024-05-10 15:33
Stefan Neely - Vallum Advisors, IR Jag A. Reddy - President and CEO Todd M. Butz - CFO Operator Today's discussion contains forward-looking statements about future business and financial expectations. Actual results may differ significantly from those projected in today's forward-looking statements due to various risks and uncertainties, including the risks described in our periodic reports filed with the Securities and Exchange Commission. Except as required by law, we undertake no obligation to update our ...
mec(MEC) - 2024 Q1 - Earnings Call Presentation
2024-05-09 16:50
SAFE HARBOR STATEMENT 1Q24 FINANCIAL PERFORMANCE • Adjusted EPS of $0.22, an increase of 29.4% from $0.17 in Q1 2023 May 8, 2024 Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This presentation contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company's expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or f ...
mec(MEC) - 2024 Q1 - Quarterly Report
2024-05-08 16:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38894 Mayville Engineering Company, Inc. (Exact Name of Registrant as Specified in its Charter) Wisconsin 39-09 ...
mec(MEC) - 2024 Q1 - Quarterly Results
2024-05-07 20:30
Exhibit 99 MAYVILLE ENGINEERING COMPANY ANNOUNCES FIRST QUARTER 2024 RESULTS MILWAUKEE, Wis., May 7, 2024 – Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended March 31, 2024. FIRST QUARTER 2024 RESULTS (All comparisons versus the prior-year period) ● Net sales of $161.3 million, or +13.1% y/y, including organic growth of 3.3% y/y ● ...
mec(MEC) - 2023 Q4 - Annual Report
2024-03-06 21:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38894 Mayville Engineering Company, Inc. (Exact name of Registrant as specified in its Charter) Wisconsin 39-094472 ...
mec(MEC) - 2024 Q4 - Earnings Call Presentation
2024-03-06 17:51
4Q23 Results Presentation March 6, 2024 4Q23 FINANCIAL PERFORMANCE • The ramp-up of production at the Hazel Park facility unfavorably impacted Adjusted EBITDA by $1.3 million during 4Q23, as compared to an impact of $1.8 million in 4Q22 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...