{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-007662","form_type":"8-K","ticker":"MEC","cik":"0001766368","company_name":"Mayville Engineering Company, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.458169+00:00","generated_at":"2026-06-16T03:44:19.088523+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MEC Q1 net sales $142.6M (+4.7%); adj EBITDA $13.8M, guided FY 2023 $540-580M sales","bullets":["Net income $2.6M ($0.12 diluted EPS) vs $3.8M ($0.19) y/y; Hazel Park ramp cost $0.10/share.","Adjusted EBITDA $13.8M (9.7% margin) down 6.3% y/y; ex-Hazel Park +5.6% y/y with 10.9% margin.","Commercial Vehicle sales +16.3% y/y; Military +65.7% on new programs and Ukraine conflict.","Full-year 2023 guidance reiterated: net sales $540-580M, adj EBITDA $62-71M, capex $20-25M.","Net debt/ttm adj EBITDA 1.4x; $196.3M total availability under credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-007662","json":"https://secwatch.observer/filing/0001558370-23-007662.json","markdown":"https://secwatch.observer/filing/0001558370-23-007662.md","text":"https://secwatch.observer/filing/0001558370-23-007662.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766368/000155837023007662/0001558370-23-007662-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766368/000155837023007662/tmb-20230502x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:44:19.088523+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4d12ae85252d8a534bab75d170493932da312f1e","claim":"Mayville Engineering Company, Inc. reported first quarter ended March 31, 2023 results: revenue $142.6 million, net income $2.6 million, EPS $0.12 per diluted share. Guidance reaffirmed.","evidence_excerpt":"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 from the Hazel Park facility ramp","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766368/000155837023007662/0001558370-23-007662-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$142.6 million"},{"label":"Net income","value":"$2.6 million"},{"label":"EPS","value":"$0.12 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}