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 ...
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’s shares are extremely volatile and have had 36 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not ...
Methode Electronics has had an impressive run over the past six months as its shares have beaten the S&P 500 by 19.5%. 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 ...
Methode Electronics Inc. Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. It operates through the following segments: Automotive, Interface, Industrial, and ...
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 ...
Methode Electronics’ stock is down about 10% today as the company warned that lower-than-expected demand for electric vehicles cut into its sales forecast for the coming year. It joined the growing ...
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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 ...
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 ...