Methode Electronics, Inc. (NYSE: MEI) today announced that manufacturing industry veteran Arnie Jensen has joined the executive leadership team as Vice President of Global Operations. In this role, he ...
Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, will present at the Oppenheimer ...
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Methode affirms $900M–$1B sales and $70M–$80M EBITDA guidance for fiscal 2026 amid transformation progress
Jonathan DeGaynor, President, CEO & Director, emphasized that "the Methode transformation is firmly on track" and highlighted "another good quarter for Data Center Power Product sales with growth over ...
Methode Electronics faces significant risks due to production delays, quality issues, and legal troubles, despite operating in the growing EV sector. Financial struggles include a revenue drop from $1 ...
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Methode Electronics projects $70M–$80M EBITDA in fiscal 2026 amid $100M sales decline and operational reset
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 ...
Kowalchik announced narrowing of fiscal 2026 net sales guidance to $950 million to $1 billion, raising the low end of the range, "primarily reflect[ing] the benefit of foreign currency translation, ...
Baird raised the firm’s price target on Methode Electronics (MEI) to $16 from $13 and keeps a Neutral rating on the shares. The firm said Operational improvement continues across multiple fronts, ...
Methode Electronics(NYSE:MEI) reported fiscal 3Q2025 results on March 5, 2025, with sales of $239.9 million (down 8% year-over-year), an adjusted pretax loss of $7.3 million, and a return to $19.6 ...
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 ...
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