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0 0 0 -0.0165706051873199 0.10842939481268 0.229106628242075 0.0828530259365994 0.0147406340057636
Stock impact report

Methode Electronics (NYSE:MEI) Delivers Strong Q3 Numbers, Stock Jumps 18.2% [Yahoo! Finance]

Methode Electronics, Inc. (MEI) 
Last methode electronics, inc. earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Its non-GAAP profit of $0.14 per share was significantly above analysts' consensus estimates. Is now the time to buy Methode Electronics? Find out in our full research report Revenue: $292.6 million vs analyst estimates of $268.5 million (1.6% year-on-year growth, 9% beat) Adjusted EPS: $0.14 vs analyst estimates of -$0.16 (significant beat) Adjusted EBITDA: $26.7 million vs analyst estimates of $13.44 million (9.1% margin, 98.6% beat) Operating Margin: 3.2%, up from 2% in the same quarter last year Free Cash Flow was -$58.4 million compared to -$11.3 million in the same quarter last year Market Capitalization: $409.2 million Management CommentsPresident 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 that we have reported since fiscal 2023, and our pre-tax income returned to positive territory. Our bookings remained solid, and our Show less Read more
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