{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007071","form_type":"8-K","ticker":"MEC","cik":"0001766368","company_name":"Mayville Engineering Company, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.968719+00:00","generated_at":"2026-06-02T19:28:43.316516+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MEC Q1 net sales $161.3M (+13.1% YoY), adj EBITDA $18.5M (+33.8%), reaffirms FY2024 guidance","bullets":["Net sales $161.3M (+13.1% YoY, organic growth 3.3%); net income $3.2M ($0.16 diluted EPS), up 26% YoY.","Adjusted EBITDA $18.5M, margin 11.5% (+180 bps YoY); adjusted diluted EPS $0.22 vs $0.17.","Free cash flow $7.9M vs ($8.5M) prior year; repaid $7.9M debt; net debt/adj. EBITDA ~2.0x.","Powersports sales +25.7% YoY; Construction & Access +7.3%; Commercial Vehicle -0.3%.","FY2024 guidance reaffirmed: net sales $620-640M, adj EBITDA $72-76M, FCF $35-45M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007071","json":"https://secwatch.observer/filing/0001558370-24-007071.json","markdown":"https://secwatch.observer/filing/0001558370-24-007071.md","text":"https://secwatch.observer/filing/0001558370-24-007071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024007071/0001558370-24-007071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024007071/tmb-20240507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:28:43.316516+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":"5d350c4f6942fd5f4862cfa65fa17d2ead06bcf5","claim":"Mayville Engineering Company, Inc. reported the three-months ended March 31, 2024 results: revenue $161.3 million, net income $3.2 million, EPS $0.16 per diluted share. Guidance reaffirmed.","evidence_excerpt":"end markets, today announced results for the three-months ended March 31, 2024. FIRST QUARTER 2024 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $161.3 million, or +13.1% y/y, including organic growth of 3.3% y/y ● Net income of $3.2 million, or $0.16 per diluted share, an increase of 26% y/y, or $0.04 per diluted share ● Non-GAAP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024007071/0001558370-24-007071-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-months ended March 31, 2024"},{"label":"Revenue","value":"$161.3 million"},{"label":"Net income","value":"$3.2 million"},{"label":"EPS","value":"$0.16 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"}