Methode Electronics Swings to Fiscal Q4 Earnings, Revenue Rises; Issues Fiscal 2027 Revenue Outlook

MT Newswires Live

06/25

Methode Electronics (MEI) reported fiscal Q4 earnings late Wednesday of $0.01 per diluted share, swinging from a loss of $0.80 a year earlier.

Two analysts polled by FactSet expected a loss of $0.20.

Revenue in the quarter ended May 2 rose to $298.1 million from $257.1 million a year earlier.

Three analysts surveyed by FactSet expected $238.5 million.

The company expects fiscal 2027 revenue of about $1.03 billion to 1.08 billion. Three analysts surveyed by FactSet project $951.9 million.

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Three analysts surveyed by FactSet project $951.9 million.</p></body></html>\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://www.mtnewswires.com/","article_id":"2646849846","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646849846","pubTimestamp":1782333125,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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