MEC swings to Q3 net profit of $424,000; Q3 net sales rise 18% to $170.36 million
MEC•MEC reported third-quarter net income of $424,000, compared with a year-earlier loss, as net sales rose 18% to $170.4 million. FY26 sales guidance is $630 million to $640 million.
1. Quarterly results
MEC swung to third-quarter 2026 net income of $424,000 from a year-earlier loss. Net sales increased 18% year over year to $170.4 million, primarily driven by stronger demand across several end markets.
2. Project awards and outlook
New Datacenter & Critical Power project awards totaled approximately $45 million during the quarter, while the qualified opportunity pipeline exceeded $200 million. MEC projected full-year FY26 net sales of $630 million to $640 million.
