Mayville Engineering Company Inc. (MEC) Tops Q1 EPS by 6c

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Go back to Mayville Engineering Company Inc. (MEC) Tops Q1 EPS by 6c

Mayville Engineering Company, Inc. Announces First Quarter 2022 Results

May 3, 2022 5:00 PM EDT

Effective Execution Delivers Top and Bottom-Line Growth

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 first quarter ended March 31, 2022.

First Quarter 2022 Highlights:

Net sales increased approximately 21% to $136.3 million as compared to prior year period Recorded net income of $3.8 million, a 50% increase over the prior... More