Methode Electronics Shares Rise 8.1% Following First Quarter Results That Beat Profit and Revenue Expectations
Deep News
Sep 10
Methode Electronics (MEI) shares climbed 8.1% in early Wednesday trading after the custom engineering solutions provider reported first quarter profit and revenue that exceeded expectations. The company maintained its fiscal 2026 sales outlook of $900 million to $1 billion and anticipates stronger performance in the second half of the fiscal year.
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