Welcome to our dedicated page for Marine Products news (Ticker: MPX), a resource for investors and traders seeking the latest updates and insights on Marine Products stock.
Marine Products Corporation (NYSE: MPX) is a manufacturer of fiberglass boats under the Chaparral and Robalo brands, and its news flow centers on financial performance, product developments, and corporate updates. This page aggregates news releases and third-party coverage related to Marine Products, giving investors and observers a single place to review the latest information about the company.
Marine Products frequently issues earnings releases detailing quarterly and annual financial results, including net sales, margins, net income, and non-GAAP measures such as EBITDA, EBITDA margin, and free cash flow. These releases often include management commentary on marine industry demand, dealer inventory levels, production schedules, and macroeconomic factors such as interest rates and tariffs that influence boat sales and financing conditions.
In addition to financial results, Marine Products’ news includes announcements about regular quarterly dividends and, at times, special dividends, reflecting the company’s capital allocation decisions. Corporate governance developments, such as the appointment of independent directors to the Board, are disclosed through press releases and corresponding SEC filings and are also reflected in the news stream.
Product- and brand-related news highlights the Chaparral and Robalo lineups, including new model year introductions, enhancements across the portfolio, and product innovation initiatives. The company also appears in industry-related announcements, such as agreements involving dealer and retail financing for Chaparral and Robalo boats.
By following this news page, readers can monitor Marine Products’ reported results, dividend declarations, board changes, and product announcements over time. The coverage provides context on how the company responds to marine industry conditions, manages its dealer network and inventories, and positions its Chaparral and Robalo brands in the recreational and sport fishing boat markets.
Marine Products Corporation (NYSE: MPX) reported 3Q 2025 results for the quarter ended September 30, 2025. Net sales rose 7% year-over-year to $53.1M while net income declined 22% to $2.7M
EBITDA fell 15% to $3.7M$10.2M (19.2% margin). The Company ended the quarter with approximately $47.4M cash and no debt. The Board declared a regular quarterly dividend of $0.14 per share payable December 10, 2025 (record November 10, 2025).
Marine Products Corporation (NYSE: MPX) will release third quarter 2025 financial results for the period ended September 30, 2025 on Thursday, October 30, 2025 before market open. The company will host a conference call to review financial and operating results on October 30, 2025 at 8:00 a.m. ET.
Participants may dial toll-free (888) 660-6357 or international +1 (929) 201-6127 using conference ID 9979064. The call will be webcast and archived on the investor website for 90 days; investors are encouraged to join the webcast 10–15 minutes early. Marine Products builds fiberglass boats under the Chaparral and Robalo brands.
Marine Products Corporation (NYSE: MPX) reported its Q2 2025 financial results, showing a 3% decrease in net sales to $67.7 million and a 25% decline in net income to $4.2 million. The company's diluted EPS was $0.12, down from $0.14 in Q2 2024.
Key metrics include a 13% decrease in boats sold, offset by a 10% price/mix increase. The company maintained strong financials with $50.2 million in cash and no debt. Gross margin improved to 19.1%, up 20 basis points year-over-year. The Board declared a regular quarterly dividend of $0.14 per share payable September 10, 2025.
Management noted stabilizing demand and expressed optimism about 2026 model year introductions, while acknowledging ongoing challenges from tariffs and macroeconomic uncertainties.
Marine Products Corporation (NYSE: MPX) announced the appointment of Gary Kolstad to its Board of Directors. Kolstad brings significant leadership experience, holding a B.S. in petroleum engineering from Montana Technological University, and has served as Chairman and CEO of both public and private companies.
Marine Products Corporation, a leading manufacturer of fiberglass boats under the Chaparral and Robalo brands, produces various models including sterndrive sportboats, luxury sportboats, and outboard sport fishing vessels. The company maintains a strong capital structure and independent dealer network, positioning itself for market share growth and long-term shareholder value creation.
Marine Products Corporation (NYSE: MPX), a leading manufacturer of Chaparral and Robalo fiberglass boats, will release its Q2 2025 financial results on July 24, 2025 before market open. The company will host a conference call at 8:00 a.m. Eastern Time on the same day.
The call will be accessible via toll-free dial-in numbers and will be broadcast and archived for 90 days on the company's investor website. Marine Products Corporation specializes in various boat models including Chaparral's sterndrive models, SURF Series, and outboard offerings, as well as Robalo's sport fishing models.
Marine Products (NYSE: MPX) reported challenging first quarter 2025 results, with significant year-over-year declines across key metrics. Net sales decreased 15% to $59.0 million, primarily due to a 19% decrease in boat sales volume, partially offset by a 4% price/mix increase. Net income fell 52% to $2.2 million, with diluted EPS of $0.06, down from $0.13 in Q1 2024.
The company's performance reflected ongoing marine industry softness and macro-economic uncertainties. Gross margin declined 160 basis points to 18.6%, while EBITDA dropped 43% to $3.4 million. Despite challenges, MPX maintained a strong financial position with $57.1 million in cash and no debt. The Board declared a quarterly dividend of $0.14 per share, payable June 10, 2025.
Management anticipates taking a conservative approach to 2026 model year introductions and inventory management, citing concerns about potential tariff impacts and economic uncertainty affecting consumer spending.
Marine Products (NYSE: MPX) has scheduled its first quarter 2025 financial results release for Thursday, April 24, 2025 before market opening. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss the results.
Participants can join via telephone using toll-free number (888) 660-6357 or (929) 201-6127 for international callers, with conference ID 9979064. The call will be broadcast and archived for 90 days on the company's investor website.
Marine Products manufactures fiberglass boats under Chaparral and Robalo brands. Their product lineup includes Chaparral's sterndrive models (SSi Sportboats, SSX Luxury Sportboats, SURF Series), outboard offerings (OSX Luxury Sportboats, SSi Outboard Bowriders), and Robalo's outboard sport fishing models (Center Consoles, Dual Consoles, Cayman Bay Boats).
Marine Products (NYSE: MPX) reported its Q4 and full-year 2024 results, showing significant year-over-year declines. Q4 net sales decreased 33% to $47.8 million, while net income fell 21% to $4.3 million with EPS of $0.12. The company's net income margin improved by 120 basis points to 8.9% due to favorable tax items.
For full-year 2024, net sales declined 38% to $236.6 million, with net income of $17.9 million and EPS of $0.50. Despite challenges, MPX maintained strong financial health with $52.4 million in cash and no debt. The decrease in sales was primarily attributed to a 39% reduction in boats sold, partially offset by a 6% positive price/mix effect.
The company continued its dividend payments, including a special dividend of $0.70 per share in Q2 2024, and declared a regular quarterly dividend of $0.14 per share payable March 10, 2025.
Marine Products (NYSE: MPX) has scheduled its fourth quarter 2024 financial results release for Thursday, January 30, 2025, before market opening. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss the results.
Participants can join via telephone using toll-free number (888) 660-6357 or (929) 201-6127 for international callers, with conference ID 9979064. The call will be broadcast and archived for 90 days on the company's investor website.
Marine Products manufactures fiberglass boats under the Chaparral and Robalo brands. Their product line includes Chaparral's sterndrive models (SSi Sportboats, SSX Luxury Sportboats, SURF Series) and outboard offerings (OSX Luxury Sportboats, SSi Outboard Bowriders), as well as Robalo's outboard sport fishing models (Center Consoles, Dual Consoles, Cayman Bay Boats).
Chaparral and Robalo Boats, subsidiaries of Marine Products (NYSE: MPX), have announced an exclusive financing agreement with Yamaha Financial Services, effective January 1, 2025. This multi-year partnership will make Yamaha Financial Services the exclusive provider of dealer inventory finance and the preferred provider of retail finance for both boat brands in the U.S.A. and Canada.
The collaboration aims to enhance the customer experience by offering competitive financing options and protection products. Both Chaparral and Robalo are market leaders in their segments, having received the NMMA CSI Award for Customer Satisfaction for 16 consecutive years. This partnership is expected to drive incremental sales and increase brand loyalty for these premium boat manufacturers.
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