Methode Electronics (NYSE:MEI) reported quarterly losses of $(0.21) per share which missed the analyst consensus estimate of $(0.12) by 75 percent. This is a 36.36 percent increase over losses of $(0.33) per share from the same period last year. The company reported quarterly sales of $239.90 million which missed the analyst consensus estimate of $265.52 million by 9.65 percent. This is a 7.55 percent decrease over sales of $259.50 million the same period last year.
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