Mayville Engineering Company Inc

Mayville Engineering Co., Inc. engages in the manufacture of metal components. The firm offers a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in a diverse end markets, including heavy- and medium-duty commercial vehicle, construction, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Mayville, WI.

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Mayville Engineering Company Inc posts strong earnings, eyes growth opportunities

MEC's strong financial performance in Q4 2022 and full year 2022, coupled with robust guidance for 2023, showcase the company's growth trajectory. Strategic initiatives like MBX and Hazel Park expansion present opportunities for revenue growth and margin improvement. However, challenges such as ramp-up costs and potential headwinds may impact short-term margins.

Mayville Engineering Company Inc reports revenue growth and operational challenges

MEC's Q1 2023 performance showed revenue growth in key markets, though challenges like supply chain disruptions impacted profitability. The company's focus on operational excellence and growth opportunities through acquisitions and market demand bode well for future prospects. Despite facing challenges, MEC remains committed to driving growth and efficiency.
The earnings call highlighted MEC's revenue growth in commercial vehicles, military, and powersports markets, alongside efforts to address labor constraints and operational improvements. Challenges like supply chain disruptions and fixed costs were acknowledged, with a focus on seizing growth opportunities through acquisitions and market demand.
MEC's Q1 2023 earnings call showcased revenue growth in key markets, operational challenges, and strategic initiatives for future growth. The company's focus on operational excellence, labor management, and diversification through acquisitions positions it for long-term success. Despite facing headwinds, MEC remains optimistic about its growth trajectory.

MEC reports robust Q2 earnings, eyes growth in high-value markets

MEC's Q2 2023 performance reflects strong free cash flow and revenue growth, with a focus on operational efficiency and debt reduction for long-term stability and growth.
While facing challenges like supply chain disruptions and cost pressures, the company is leveraging opportunities in high-value markets and capacity utilization to drive future success.
With a clear strategy in place and upcoming Investor Day, MEC is poised to enhance transparency, engage investors, and capitalize on growth opportunities in the coming quarters.
Overall, MEC's financial outlook remains positive, supported by strategic initiatives, revenue projections, and efforts to strengthen its market position and financial health.

Mayville Engineering Company posts robust Q3 results amid market challenges

MEC's Q3 performance reflects strong growth and strategic initiatives driving future success. While facing market challenges and cost pressures, the company is well-positioned to capitalize on opportunities in emerging markets and sustainable technologies.

Mayville Engineering Company Inc reports resilient Q4 performance and strategic growth outlook for 2024

MEC's Q4 performance showcased resilience and progress despite challenges, with a strong focus on financial health and strategic growth initiatives.
The company's strengths lie in its ability to navigate market headwinds, drive operational improvements, and capitalize on strategic acquisitions.
Challenges from supply chain disruptions and market trends require proactive management, but MEC's opportunities in market segments and cost management present avenues for growth.
Overall, MEC's outlook for 2024 is positive, supported by solid financial guidance, operational enhancements, and a forward-looking approach to industry trends.

Mayville Engineering Company (MEC) excels in Q1 2024 earnings

MEC's Q1 performance reflects strong financial results, operational improvements, and strategic initiatives driving growth and efficiency.
Despite challenges in certain markets, MEC's diversified portfolio, disciplined approach, and focus on opportunities position the company for continued success.
With a clear focus on financial discipline, operational excellence, and market expansion, MEC remains on track to achieve its 2024 financial guidance.

Mayville Engineering Company (MEC) reports strong Q2 performance and strategic growth focus

Mayville Engineering Company (MEC) showcased a solid performance in Q2 2024, positioning itself well for above-market growth despite market uncertainties. With a clear focus on operational excellence and strategic initiatives, MEC aims to drive growth, reduce debt, and enhance shareholder value through targeted acquisitions and capital allocation strategies.

Mayville Engineering Company Inc (MEC) implements cost-saving measures and eyes revenue growth amidst market recovery

MEC's Q3 performance reflects strategic cost-saving initiatives and margin improvement despite sales decline. With revised guidance for 2024, the company aims for revenue growth, margin expansion, and strong free cash flow generation by 2026. Market conditions are showing signs of recovery, and MEC is poised to navigate challenges and capitalize on opportunities.

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Mayville Engineering Co., Inc. engages in the manufacture of metal components. The firm offers a broad range of design, prototyping and tooling, production fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in a diverse end market, including heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Milwaukee, WI.

MAYVILLE, 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 March 31, 2023. FIRST QUARTER 2023 RESULTS (All comparisons versus the prior-year period) Net sales of $142.6 million, or +4.7% y/y Net income of $2.6 million, ($1.3) million y/y Diluted EPS of $0.12, including a ($0.10) per share impact.

Mayville Engineering Company Announces First Quarter and 2023 Results

MAYVILLE, 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 that it will issue first quarter 2023 results after the market closes on Tuesday, May 2, 2023. A conference call will be held the following day, Wednesday, May 3, 2023, at 10:00 a.m.

Mayville Engineering Company First Quarter 2023 Results Conference Call and Webcast Date

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 full suite of services from concept to production, today announced the appointment of Rachele Lehr as the Chief Human Resources Officer, effective March 13, 2023.

Mayville Engineering Company, Inc. Announces Appointment of Rachele Lehr as Chief Human Resources Officer

Mayville Engineering Company, Inc. (NYSE:MEC ) Q4 2022 Earnings Conference Call March 1, 2023 10:00 AM ET Company Participants Noel Ryan - Head of IR, Vallum Advisors Jag Reddy - President and CEO Todd Butz - CFO Ryan Raber - EVP, Strategy, Sales and Marketing Conference Call Participants Larry De Maria - William Blair Operator Good morning. Thank you for attending today's Mayville Engineering Company Fourth 2022 Earnings Conference Call.

Mayville Engineering Company, Inc. (MEC) Q4 2022 Earnings Call Transcript

MAYVILLE, 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 and twelve-months ended December 31, 2022. FOURTH QUARTER 2022 RESULTS (All comparisons versus the prior-year period) Net sales of $128.5 million, or +13.8% y/y Net income of $2.4 million, +$15.9 million y/y Diluted earnings per share of $0.

Mayville Engineering Company Announces Fourth Quarter and Full-Year 2022 Results

The management team at Mayville Engineering Company has done well to grow the company's top and bottom lines recently. 2022 as a whole will likely be looked back upon favorably, and there is no evidence that performance is weakening.

Mayville Engineering Company: Still A Solid Prospect For Value Investors

MAYVILLE, 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 that it will issue fourth quarter and full-year 2022 results after the market closes on Tuesday, February 28, 2023. A conference call will be held the following day, Wednesday, March 1, 2023, at 10:00 a.m.

Mayville Engineering Company Announces Fourth Quarter and Full-Year 2022 Results Conference Call and Webcast Date

MAYVILLE, 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 the appointment of Sean Leuba as Senior Vice President, Corporate Development and General Counsel effective January 25, 2023 reporting directly to President and Chief Executive Officer, Jag Reddy.

Mayville Engineering Company Announces Appointment of Sean Leuba as Senior Vice President, Corporate Development and General Counsel

Mayville Engineering (MEC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Mayville Engineering (MEC): Can Its 11.2% Jump Turn into More Strength?

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 full suite of services from concept to production today announced that the Board of Directors has elected Robert (Bob) McCormick as a new independent director of the company, effective immediately.

Mayville Engineering Company, Inc. Announces Appointment of Robert McCormick to Board of Directors

MAYVILLE, Wis.--( BUSINESS WIRE )--Mayville Engineering Company, Inc. (NYSE: MEC) announced today that Jag Reddy, President and Chief Executive Officer, and Todd Butz, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti December Virtual Investor Conference, taking place on December 7-8, 2022.

MEC to Present at Sidoti Virtual Investor Conference December 7-8

MEC has grown their sales, driven by both volume and price, as the company has been able to pass costs onto customers. The company has also improved their EBITDA margin, which has grown from 8% to almost 12% today.

Mayville Engineering: Recent Improvements Not Reflected In The Share Price

Mayville Engineering Company, Inc. (NYSE:MEC ) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants Nathan Elwell - IR Jag Reddy - President and CEO Todd Butz - CFO Ryan Raber - EVP, Strategy, Sales and Marketing Conference Call Participants Vlad Bystricky - Citigroup Mig Dobre - Baird Operator Good morning, and thank you for attending today's Mayville Engineering Company 2022 Earnings Conference Call. My name is Daniel and I will be your moderator for today's call [Operator Instructions].

Mayville Engineering Company, Inc. (MEC) Q3 2022 Earnings Call Transcript

Mayville Engineering (MEC) delivered earnings and revenue surprises of 15% and 5.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering (MEC) Surpasses Q3 Earnings and Revenue Estimates

Mayville Engineering Company, Inc. Announces Third Quarter 2022 Results

Mayville Engineering Company Announces Third Quarter 2022 Earnings Release and Conference Call

Mayville Engineering Company, Inc. (NYSE:MEC ) Q2 2022 Results Conference Call August 3, 2022 10:00 AM ET Company Participants Nathan Elwell - IR Jag Reddy - President and CEO Todd Butz - CFO Ryan Raber - EVP, Strategy, Sales and Marketing Conference Call Participants Joe Grabowski - Baird Larry De Maria - William Blair Vlad Bystricky - Citigroup Operator Good morning. Thank you for attending today's Mayville Engineering Company Second Quarter 2022 Earnings Conference Call.

Mayville Engineering Company, Inc. (MEC) CEO Jag Reddy on Q2 2022 Results - Earnings Call Transcript

Mayville Engineering (MEC) delivered earnings and revenue surprises of -14.71% and 0.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering (MEC) Lags Q2 Earnings Estimates

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 full suite of prototyping and tooling, production fabrication, coating, assembly and aftermarket services, today announced results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: Net sales grew approximately 15% to $138.3 million Net income increased 80% to $5.9 million Basic earnings per share incr

Mayville Engineering Company, Inc. Announces Second Quarter 2022 Results

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the second quarter 2022 after market close on Tuesday, August 2, 2022. A conference call will be held on Wednesday, August 3, 2022, at 9:00 a.m. Central Time and will be hosted by newly appointed President and CEO, Jag Reddy, Chief Financial Officer, Todd Butz, and EVP of Strategy, Sales and Marketing, Ryan Raber. For a live webcast of the conference call, visit

Mayville Engineering Company Announces Second Quarter 2022 Earnings Release and Conference Call

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 full suite of design, prototyping, tooling, production fabrication, coatings, assembly, and aftermarket services, today announced the appointment of Jagadeesh (Jag) A. Reddy as President and Chief Executive Officer (“CEO”) and as a director of the Company, effective July 19, 2022. The Company also appointed Timothy L. Christen

MEC Announces Appointment of Jag A. Reddy as President & CEO

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 that the Company has been named as the nation's largest fabricator by the Fabricator Magazine for the twelfth consecutive year. “We are proud to maintain our position at the top of the FAB 40 list again

MEC Named Top U.S. Fabricator Once Again

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) announced today that Bob Kamphuis, Chairman, President & CEO, Todd Butz, CFO, and Ryan Raber, EVP of Strategy, Sales & Marketing will present at the upcoming William Blair 42nd Annual Growth Stock Conference on June 9, 2022, at 10:00 am Central Time. The live presentation will be webcast and can be accessed on the Company's website at mecinc.com. For more information about scheduling a one-on-one mee

MEC To Participate in William Blair 42nd Annual Growth Stock Conference

Mayville Engineering Company, Inc. (NYSE:MEC ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Nathan Elwell - Investor Relations Bob Kamphuis - Chairman, President and Chief Executive Officer Todd Butz - Chief Financial Officer Ryan Raber - EVP of Strategy, Sales and Marketing Conference Call Participants Joe Grabowski - Baird Larry De Maria - William Blair Operator Good morning. Thank you for attending today's Mayville Engineering Company First Quarter Earnings Call.

Mayville Engineering Company, Inc. (MEC) CEO Bob Kamphuis on Q1 2022 Results - Earnings Call Transcript

Mayville Engineering (MEC) delivered earnings and revenue surprises of 18.75% and 11.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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