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MEC
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105 days

Mayville Engineering Company Announces First Quarter 2025 Results

1. MEC reported Q1 2025 net sales of $135.6 million. 2. GAAP net income reached $20,000; non-GAAP adjusted income was $1 million.

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$13.1605/06 04:28 PM EDTEvent Start

$12.8505/07 11:19 PM EDTLatest Updated
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FAQ

Why Neutral?

MEC's modest net income and lack of significant growth signal market caution, reminiscent of previous stability phases.

How important is it?

Earnings report indicates stability but lacks strong growth, affecting investor outlook and price stability.

Why Short Term?

Immediate results impact sentiment, but long-term growth needs clearer indications of demand or expansion.

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MILWAUKEE--(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 March 31, 2025. FIRST QUARTER 2025 RESULTS (All comparisons versus the prior-year period) Net sales of $135.6 million GAAP Net income of $20 thousand and Non-GAAP Adjusted Net Income of $1.0 million Non-GAAP Adjusted Diluted EPS of $0.04 Adju.

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