Mayville Engineering Company Inc. (MEC) Reports Q2 Loss of $0.35/sh

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Go back to Mayville Engineering Company Inc. (MEC) Reports Q2 Loss of $0.35/sh

Mayville Engineering Company, Inc. Announces Second Quarter 2020 Results

August 4, 2020 5:00 PM EDT

Effectively Managing Cost Structure to Enhance Long-Term Profitability

MAYVILLE, Wisc.--(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, 2020.

Second Quarter Highlights:

Produced net sales of $62.6 million Recorded a net loss of $7.0 million and Adjusted EBITDA of $2.3... More