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Mayville Engineering Q1: Data Center Boom Drives Strong Results
Published 2 days, 5 hours ago
Description
Mayville Engineerings Q1 results exceeded expectations, with a 7% sales increase and a narrower loss per share. The data center segment surged 71% YoY, driving full year revenue and EBITDA guidance higher. The company plans to invest in capacity expansion and aims to capitalize on the data center boom.
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