Methode Electronics (NYSE:MEI) reported quarterly losses of $(0.22) per share which beat the analyst consensus estimate of $(0.25) by 12 percent. This is a 29.03 percent increase over losses of $(0.31) per share from the same period last year. The company reported quarterly sales of $240.500 million which beat the analyst consensus estimate of $233.407 million by 3.04 percent. This is a 6.96 percent decrease over sales of $258.500 million the same period last year.