Hosted on MSN
Methode Electronics (NYSE:MEI) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops 15%
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) in Q4 CY2024, with sales falling 7.6% year on year to $239.9 million. Next quarter’s revenue guidance of $247.5 million ...
Methode Electronics is down 7.3% since the beginning of the year, and at $6.21 per share, it is trading 40.2% below its 52-week high of $10.39 from July 2025. Investors who bought $1,000 worth of ...
President and Chief Executive Officer Jon DeGaynor said, “The team is energized, and these results demonstrate that we are heading in the right direction. Our sales in the quarter were the highest ...
Methode Electronics has a large and diversified customer base, but I believe its exposure to a weak automotive industry has led to a 70% decline in its stock price. The slowdown in manufacturing ...
Methode Electronics (NYSE:MEI) will release its quarterly earnings report on Thursday, 2024-12-05. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Methode ...
The Willingboro Municipal Utility Authority is suing global technology company Methode Electronics and others for allegedly ...
This article was originally published on Quiver News, read the full story. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of ...
In Methode's fiscal second quarter of 2026, the company's net sales totaled just under $247 million, representing a 16% year-over-year decline. Net loss not in accordance with generally accepted ...
Methode Electronics (NYSE:MEI) is preparing to release its quarterly earnings on Thursday, 2026-03-05. Here's a brief overview of what investors should keep in mind before the announcement. Analysts ...
Net sales of $233.7 million, down 2.6% year-over-year Net loss of $15.9 million or 6.8% of net sales; adjusted EBITDA margin of 3.1% Narrowed FY26 sales guidance, lowered adjusted EBITDA guidance to ...
The company missed the consensus analyst bottom-line estimate for its fiscal second quarter, but this might be the least of its problems. In Methode's fiscal second quarter of 2026, the company's net ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results