Marine Products reports Q2 EPS 12c vs. 14c last year

Reports Q2 revenue $67.7M vs. $69.55M last year. “Second quarter results reflected a stabilization of demand and a more balanced environment,” stated Ben Palmer, Marine Products (MPX)’ president and CEO. “Second quarter sales were down 3% year-over-year; however, shipments and sales grew sequentially again this quarter and are now solidly off second half of 2024 lows. We are excited about our model year 2026 introductions, which feature new models, enhancements across the entire portfolio, and thoughtful approaches to offer cost-effective alternatives.”