Methode Electronics, Inc. Reports Fiscal 2019 Second-Quarter Sales and Earnings
Methode Electronics, Inc. (MEI)
Last methode electronics, inc. earnings: 3/5 07:00 am
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Source: GlobeNewswire
Forms Industrial SegmentIncludes Six Weeks of Grakon Acquisition CHICAGO, Dec. 06, 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 second quarter of Fiscal 2019 ended October 27, 2018. Second Quarter Fiscal 2019Methode's second-quarter Fiscal 2019 net sales increased $33.9 million, or 14.7 percent, to $264.0 million from $230.1 million in the same quarter of Fiscal 2018. Year over year, currency rate fluctuations increased net sales $1.6 million. GAAP net income decreased $9.6 million to $14.6 million, or $0.39 per share, in the second quarter of Fiscal 2019 from income of $24.2 million, or $0.64 per share, in the same period of Fiscal 2018. Adjusted net income, a non-GAAP financial measure, was $28.4 million, or $0.75 per share, in the second quarter of Fiscal 2019 compared to $27.7 million, or $0.74 per share, in t
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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