Methode Electronics Shares Slide On Wider 2Q Loss, Sales Decline

Dow Jones

2025/12/05

By Elias Schisgall

Methode Electronics shares slid after the technology company widened its loss and reported declining sales in the fiscal second quarter.

Shares were down 9.6% to $7.83 midday Thursday. The stock has fallen 34% this year.

The company on Wednesday posted a loss of $9.9 million, or 28 cents a share, compared with a loss of $1.6 million, or five cents a share, a year earlier.

Stripping out certain one-time items, the company reported an adjusted loss of 19 cents a share.

Sales fell to $246.9 million from $292.6 million a year prior. Analysts polled by FactSet were expecting $236.1 million in sales.

The sales decline was largely driven by a 24% decrease in automotive sales, to $110.5 million from $145.5 million a year earlier. The company attributed the dip to the roll-off of some legacy programs and lower sales of sensor and user interface products.

Sales in the company's industrial and interface segments also fell year-over-year.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 04, 2025 12:58 ET (17:58 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock has fallen 34% this year. \n</p>\n<p>\n  The company on Wednesday posted a loss of $9.9 million, or 28 cents a share, compared with a loss of $1.6 million, or five cents a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, the company reported an adjusted loss of 19 cents a share. \n</p>\n<p>\n  Sales fell to $246.9 million from $292.6 million a year prior. Analysts polled by FactSet were expecting $236.1 million in sales. \n</p>\n<p>\n  The sales decline was largely driven by a 24% decrease in automotive sales, to $110.5 million from $145.5 million a year earlier. The company attributed the dip to the roll-off of some legacy programs and lower sales of sensor and user interface products. \n</p>\n<p>\n  Sales in the company's industrial and interface segments also fell year-over-year. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 12:58 ET (17:58 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MEI","symbol_name":"Methode Electronics Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2589390088","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589390088","pubTimestamp":1764871080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Methode Electronics shares slid after the technology company widened its loss and reported declining sales in the fiscal second quarter.Shares were down 9.6% to $7.83 midday Thursday. 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The company attributed the dip to the roll-off of some legacy programs and lower sales of sensor and user interface products.Sales in the company's industrial and interface segments also fell year-over-year.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MEI":"Methode Electronics Inc"},"translate_title":"Methode Electronics股价因第二季度亏损扩大和销售额下降而下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MEI":1.5},"content_text":"By Elias Schisgall \n\n\n \n\n\nMethode Electronics shares slid after the technology company widened its loss and reported declining sales in the fiscal second quarter. \n\n\n  Shares were down 9.6% to $7.83 midday Thursday. The stock has fallen 34% this year. \n\n\n  The company on Wednesday posted a loss of $9.9 million, or 28 cents a share, compared with a loss of $1.6 million, or five cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, the company reported an adjusted loss of 19 cents a share. \n\n\n  Sales fell to $246.9 million from $292.6 million a year prior. Analysts polled by FactSet were expecting $236.1 million in sales. \n\n\n  The sales decline was largely driven by a 24% decrease in automotive sales, to $110.5 million from $145.5 million a year earlier. The company attributed the dip to the roll-off of some legacy programs and lower sales of sensor and user interface products. \n\n\n  Sales in the company's industrial and interface segments also fell year-over-year. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 04, 2025 12:58 ET (17:58 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}