Myers, a privately owned company headquartered in the US, founded in 1982, employs approximately 30 individuals, and reported $3.1M in revenue as of 2023. The company specializes in providing broadcast management systems for the broadcast media industry, specifically focusing on audio solutions.
Myers reported first-quarter Non-GAAP EPS of $0.44 on May 7, 2026, exceeding estimates by $0.16. Revenue for the quarter reached $164.58 million, an increase of 1.8% year-over-year, but missed expectations by $44.72 million. The company also saw its Operating Income Margin and Adjusted EBITDA Margin expand by 450 basis points and 420 basis points, respectively, compared to the prior year. This follows the company's declaration on February 27, 2026, of a quarterly dividend of $0.135 per share, consistent with its previous payout. The dividend, which represents a forward yield of 2.41%, is payable on April 3, 2026, to shareholders of record as of March 13, 2026, with an ex-dividend date of March 13, 2026.
Myers's customers primarily consist of broadcast Media Production and Distribution and broadcast television and radio companies. Examples of Myers's customers include Temple University, Voice of America and Trinity Broadcasting Network.
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