Methode Electronics, Inc. Reports Fiscal 2018 Fourth-Quarter and Full-Year Sales and Earnings
Methode Electronics, Inc. (MEI)
Last methode electronics, inc. earnings: 3/5 07:00 am
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methode.com/about/investor-relations.html
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Source: GlobeNewswire
CHICAGO, June 21, 2018 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a global developer of custom- engineered and application-specific products and solutions, announced financial results for the fourth quarter and full year of Fiscal 2018 ended April 28, 2018. Fourth Quarter Fiscal 2018Methode's fourth-quarter Fiscal 2018 net sales increased $29.3 million, or 13.3 percent, to $249.0 million from $219.7 million in the same quarter of Fiscal 2017. Year over year, currency rate fluctuations increased net sales $6.6 million. Net income increased $13.7 million to $36.8 million, or $0.98 per share, in the fourth quarter of Fiscal 2018 from income of $23.1 million, or $0.62 per share, in the same period of Fiscal 2017. Year over year, Fiscal 2018 fourth-quarter net income benefitted from: lower tax expense of $10.7 million;higher sales in the Automotive (inclusive of new acquisitions) and Power Products segments;increased international government grants of $2.2 million; and
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MEI
News
- Methode Electronics, Inc. (NYSE: MEI) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $12.00 price target on the stock.MarketBeat
- Methode Electronics Announces CFO Transition Plan [Yahoo! Finance]Yahoo! Finance
- Methode Electronics Announces CFO Transition PlanGlobeNewswire
- Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14 [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methode Electronics Inc. - MEIGlobeNewswire
MEI
Earnings
- 3/7/24 - Miss
MEI
Sec Filings
- 4/8/24 - Form 8-K
- 3/7/24 - Form 8-K
- 3/7/24 - Form 10-Q
- MEI's page on the SEC website