Methode Electronics Reports Fiscal 2025 Net Sales Decline to $1.048 Billion, Net Loss Narrows to $62.6 Million, EPS at $1.77

Reuters
07-11
Methode Electronics Reports Fiscal 2025 Net Sales Decline to $1.048 Billion, Net Loss Narrows to $62.6 Million, EPS at $1.77

Methode Electronics Inc. reported its fiscal 2025 financial results, showing a decline in net sales to $1.048 billion from $1.114 billion in fiscal 2024. The decrease was attributed primarily to lower volume in the Automotive segment due to previously disclosed program roll-offs, partially offset by record volume in the Industrial segment driven by power products in data center applications. The company's net loss narrowed to $62.6 million, or $1.77 per diluted share, from a loss of $123.3 million, or $3.48 per diluted share, in the previous fiscal year. Adjusted net loss, a non-GAAP measure, was reported at $39.7 million, or $1.12 per diluted share, compared to a loss of $15.0 million, or $0.43 per diluted share, in fiscal 2024. EBITDA improved significantly to $30.4 million from a negative $53.5 million in the prior year. Adjusted EBITDA was $42.5 million, down from $55.3 million in fiscal 2024. The board of directors approved a quarterly dividend of $0.07 per share, set to be paid on August 1, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Methode Electronics Inc. published the original content used to generate this news brief on July 10, 2025, and is solely responsible for the information contained therein.

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