Methode Electronics, Inc. Reports Fiscal 2025 Second Quarter Financial Results
Methode Electronics, Inc. (MEI)
Last methode electronics, inc. earnings: 3/5 07:00 am
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US:NYSE Investor Relations:
methode.com/about/investor-relations.html
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Source: GlobeNewswire
Solid Net SalesPositive Pre-tax IncomeOver $50 Million in Program AwardsGuidance Raised for Fiscal 2025 Adjusted Pre-tax IncomeGuidance Reaffirmed for Fiscal 2026 CHICAGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting and power distribution applications, today announced financial results for the second quarter of fiscal 2025 ended November 2, 2024. Fiscal Second Quarter 2025 Highlights Net sales were $292.6 millionElectric and hybrid vehicle applications were 20% of net salesPre-tax income was $1.6 million; Adjusted pre-tax income was $6.2 millionTax expense of $3.2 million primarily due to an increase in valuation allowance for U.S deferred tax assetsNet loss was $1.6 million, or $0.05 per diluted shareAdjusted net income was $5.2 million, or $0.14 per diluted shareCompany was in full compliance with all debt covenants Management Comme
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MEI
News
- METHODE ELECTRONICS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Methode Electronics, Inc. - MEIPR Newswire
- MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Investors with Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- MEI SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- Q3 Earnings Outperformers: Atkore (NYSE:ATKR) And The Rest Of The Electrical Systems Stocks [Yahoo! Finance]Yahoo! Finance
- METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
MEI
Earnings
- 12/5/24 - Beat
MEI
Sec Filings
- 12/5/24 - Form 8-K
- 12/5/24 - Form 10-Q
- 12/4/24 - Form 4
- MEI's page on the SEC website