Brief: Mayville Engineering Company Announces Qtrly Loss Per Share $0.08

Mayville Engineering

26/02/2020 22:36

Feb 26 (Reuters) - Mayville Engineering Company Inc  MEC.N :
    * MAYVILLE ENGINEERING COMPANY, INC. ANNOUNCES FULL YEAR AND
FOURTH QUARTER 2019 RESULTS
    * SEES FY 2020 SALES $425 MILLION TO $465 MILLION
    * Q4 SALES $102.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$100
MILLION
    * REAFFIRMED 2020 FULL-YEAR OUTLOOK
    * QTRLY LOSS PER SHARE $0.08
    * OUTSTANDING DEBT BALANCE WAS $72.6 MILLION AS OF DECEMBER
31,
2019
    * "EXPECT OUR 2020 FREE CASH FLOW TO BE GREATER THAN FIFTY
PERCENT
OF ADJUSTED EBITDA"

Source text for Eikon:  ID:nBw2W97Rqa 
Further company coverage:  MEC.N 

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