Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) reported revenue ahead of Wall Streets expectations in Q3 CY2025, but sales fell by 15.6% year on year to $246.9 million. The ...

Methode is "affirming our expectation for sales to be in a range of $900 million to $1 billion" for fiscal 2026, with EBITDA guidance of $70 million to $80 million. Management expects the second half ...

CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power ...

Jonathan B. DeGaynor, President and CEO, highlighted a year of transformation, stating the company "delivered $26 million in free cash flow in the quarter" and achieved "records for the quarter and ...

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CHICAGO, IL - Methode Electronics Inc . (NYSE:MEI), a leading manufacturer in the electronic connectors sector, announced on Monday a settlement agreement with its former Director and CEO, Avinash ...

Jonathan DeGaynor, President and CEO, opened the call by stating, "The Methode transformation is firmly on track with much more work to do, but the trajectory is positive and is progressing largely ...

Adjusted operating loss improved by $1.6 million year-over-year despite a $19.6 million decline in sales, highlighting material cost reductions and productivity gains. Gross profit increased by $4 ...