Methode Electronics, Inc. Reports Fiscal 2019 First-Quarter Sales and Earnings
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
CHICAGO, Aug. 30, 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 first quarter of Fiscal 2019 ended July 28, 2018. First Quarter Fiscal 2019Methode's first-quarter Fiscal 2019 net sales increased $22.2 million, or 11.0 percent, to $223.4 million from $201.2 million in the same quarter of Fiscal 2018. Year over year, currency rate fluctuations increased net sales $2.7 million. Net income increased $3.2 million to $23.7 million, or $0.63 per share, in the first quarter of Fiscal 2019 from income of $20.5 million, or $0.55 per share, in the same period of Fiscal 2018. Year over year, Fiscal 2019 first-quarter net income benefitted from: higher sales in the Automotive (inclusive of Pacific Insight and Procoplast) and Power Products segments;decreased acquisition-related expense of $2.2 million;lower stock award amortization expense of $2.0 mi
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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