Griffin Bryan

- **Net sales for Q3 2025 increased by 7%** year-over-year to **$53.1 million**, however, **net income decreased by 22%** to **$2.7 million**, leading to diluted Earnings Per Share (EPS) of **$0.07**.  **[0001129155_2215741:14]** **[0001129155_2215741:16]** 
- **EBITDA for Q3 2025 was $3.7 million**, a **15% decrease** year-over-year, with the EBITDA margin falling 170 basis points to **6.9%**.  **[0001129155_2215741:14]** **[0001129155_2215741:20]**  The decline in net income was partly attributed to **higher R&D investments** related to new products and cost true-ups.  **[0001129155_2215741:14]** 
- Management expressed **cautious optimism** that the industry has reached a turning point as dealer inventory has adjusted to stabilizing demand, noting strong interest in larger boats and positive feedback on 2026 model year offerings, despite continued restraint from finance buyers.  **[0001129155_2215741:2]** **[0001129155_2215741:15]** 
- The company maintains a **strong balance sheet** with approximately **$47.4 million in cash** and **no debt** as of the end of Q3 2025.  **[0001129155_2215741:15]**

MPX Announces Q3 2025 Financial Results

- **Marine Products Corporation (MPX)** reported a **7% increase** in third-quarter sales compared to the prior year, marking the first quarter of year-over-year growth in over two years.  **[0001129155_2215613_1]** **[0001129155_2215613_2]** 
- Gross profit for Q3 2025 increased **11%** to **$10.2 million**, with the gross profit percentage rising by **80 basis points** to **19.2%**.  **[0001129155_2215613_2]** 
- Diluted EPS for the third quarter was **$0.07**, down from **$0.10** in the prior year, and EBITDA decreased **15%** to **$3.7 million**.  **[0001129155_2215613_2]** 
- The company maintained a strong financial position, ending Q3 2025 with **$47.4 million in cash** and **no debt**, while reducing field inventory by **6%** year-over-year.  **[0001129155_2215613_1]** **[0001129155_2215613_2]**

Marine Products Corporation Reports Q3 2025 Results

- Marine Products Corporation reported **net sales of $53.1 million** for the third quarter ended September 30, 2025, representing a **7% increase** year-over-year.  **[1129155_20251030CL10780:0]** 
- **Net income was $2.7 million**, a **22% decrease** year-over-year, with diluted Earnings Per Share (EPS) of **$0.07**.  **[1129155_20251030CL10780:0]** 
- The company concluded Q3 2025 with approximately **$47.4 million in cash** and no debt.  **[1129155_20251030CL10780:0]** **[1129155_20251030CL10780:1]** 
- A regular cash quarterly dividend of **$0.14 per share** was declared, payable on December 10, 2025.  **[1129155_20251030CL10780:1]** 
- Management expressed **cautious optimism** regarding a turning point in the industry, noting adjusted dealer inventory and strong interest in new model year offerings, although finance buyers remain restrained.  **[1129155_20251030CL10780:0]**

Marine Products Corporation Reports Q3 2025 Financial Results and Declares Quarterly Dividend

- Marine Products Corporation reported a **7% increase** in net sales, reaching **$53.1 million** for the third quarter ended September 30, 2025.  **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:0]** 
- Net income for Q3 2025 was **$2.7 million**, representing a **22% decrease** year-over-year, with diluted Earnings Per Share (EPS) of **$0.07**.  **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:0]** **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:1]**  This decline was primarily attributed to higher R&D investments related to new products and cost true-ups.  **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:0]** 
- EBITDA for the quarter was **$3.7 million**, a **15% decrease** compared to the prior year period.  **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:0]** **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:1]** 
- The company maintained a strong balance sheet, ending Q3 2025 with approximately **$47.4 million in cash** and **no outstanding debt**.  **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:0]** **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:1]** 
- A regular quarterly dividend of **$0.14 per share** was declared, payable on December 10, 2025.  **[1129155_0001104659-25-103980_mpx-20251030xex99.htm:1]**

MARINE PRODUCTS (MPX)