Mayville Engineering Company Inc. (MEC) Misses Q3 EPS by 2c
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Mayville Engineering Company Announces Third Quarter 2023 Results
October 31, 2023 4:15 PM EDTMAYVILLE, Wis.--(BUSINESS WIRE)-- 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 September 30, 2023.
THIRD QUARTER 2023 RESULTS
(All comparisons versus the prior-year period)
Net sales of $158.2 million, or +16.1% y/y including organic growth of 6.2% y/y Net income of $1.4 million, or $0.07 per diluted share Non-GAAP Adjusted Diluted EPS of $0.21 Adjusted EBITDA of $19.2 million, including the $1.7 million impact from the... More