The earnings call reflects a mixed performance with stable inventory management and financial position as positive aspects. However, there are challenges with declining sales, decreased EPS and EBITDA, and increased SG&A expenses. The company remains optimistic about future demand with new model introductions, but macroeconomic uncertainties remain a concern.

Company Guidance

During the Marine Products Corporation's second quarter 2025 earnings call, management provided guidance highlighting several key metrics and strategic focuses. Sales for the quarter decreased by 3% to $67.7 million, driven by a 13% drop in boat sales, although this was partially offset by a 10% net increase in price and mix. Despite the sales decline, the gross profit margin improved to 19.1%, up 20 basis points from the previous year, thanks to better cost structure alignment and price increases. SG&A expenses rose by 9% to $8.1 million, leading to a slight increase in SG&A as a percentage of sales to 12%. The tax rate for the quarter was 21.3%, and diluted EPS decreased to $0.12. EBITDA fell to $5.6 million from $6.5 million the previous year. The company generated $9.2 million in operating cash flow and $8.6 million in free cash flow, with year-to-date dividends paid amounting to $9.8 million. The balance sheet remains strong with $50 million in cash and no debt. Looking forward, the company is cautiously optimistic about future demand, focusing on production efficiencies, managing channel inventory, and exploring acquisition opportunities to enhance its product portfolio.

Positive Signs in Inventory Management

The company has successfully reduced field inventory by 11% year-over-year, indicating effective inventory management despite industry-wide retail sales declines.

Stable Financial Position

Marine Products Corporation ended the second quarter with $50 million in cash and no debt, positioning the company well for future opportunities.

Successful New Model Introduction

The new models introduced last year were well accepted, and the 2026 model year is anticipated to generate further demand.

Increase in Gross Profit Margin

The gross profit margin increased by 20 basis points to 19.1% compared to the prior year, due to better alignment of cost structure with production needs and a positive change in price and mix.

Marine Products (MPX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MPX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	- / -	0.1	―	―	―
Jul 24, 2025	2025 (Q2)	- / 0.12	0.14	-14.29% (-0.02)	―
Apr 24, 2025	2025 (Q1)	0.08 / 0.06	0.13	-53.85% (-0.07)	―
Jan 30, 2025	2024 (Q4)	0.05 / 0.12	0.16	-25.00% (-0.04)	―
Oct 24, 2024	2024 (Q3)	0.08 / 0.10	0.3	-66.67% (-0.20)
Jul 25, 2024	2024 (Q2)	0.14 / 0.14	0.416	-66.35% (-0.28)
Apr 25, 2024	2024 (Q1)	- / 0.13	0.34	-61.76% (-0.21)
Jan 25, 2024	2023 (Q4)	0.19 / 0.16	0.35	-54.29% (-0.19)	―
Oct 25, 2023	2023 (Q3)	0.36 / 0.30	0.34	-11.76% (-0.04)	―
Jul 26, 2023	2023 (Q2)	- / 0.42	0.29	43.45% (+0.13)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MPX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$8.75	$8.87	+1.37%
Apr 24, 2025	$8.32	$8.28	-0.48%
Jan 30, 2025	$8.54	$9.05	+5.97%
Oct 24, 2024	$8.87	$9.01	+1.58%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Marine Products Corp. (MPX) report earnings?

Marine Products Corp. (MPX) is schdueled to report earning on Oct 22, 2025, Before Open (Confirmed).

What is Marine Products Corp. (MPX) earnings time?

Marine Products Corp. (MPX) earnings time is at Oct 22, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MPX EPS forecast?

Currently, no data Available

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