- Mayville Engineering press release ( NYSE: MEC ): Q2 GAAP EPS of $0.29 misses by $0.02 .
- Revenue of $138.3M (+15.0% Y/Y) in-line.
- Delivered Adjusted EBITDA of $18.2M, up from $14.0M for the same prior year period.
- The company is reiterating its 2022 financial outlook and continues to expect: Net sales of between $480 million and $530 million vs. consensus of $533.09M, Adjusted EBITDA between $58 million and $70 million.
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The company continues to expect capital expenditures for 2022 to be between $55M and $65M.
For further details see:
Mayville Engineering reports Q2 mixed earnings; reiterates FY 2022 guidance