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 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 ...
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 ...
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) announced better-than-expected revenue in Q1 CY2025, but sales fell by 7.3% year on year to $257.1 million. On the other hand, ...
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