Methode Electronics

Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. It operates through the following segments: Automotive, Interface, Industrial, and Medical. The Automotive segment supplies electronic and electromechanical devices, and related products to automobile original equipment manufacturers. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, construction, consumer, material handling, medical, military, mining, point-of-sale, and telecommunications markets. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars, and devices. The Medical segment refers to the medical device business. The company was founded by William Joseph McGinley in 1946 and is headquartered in Chicago, IL.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

MEI reports record sales in fiscal 2023, anticipates growth in EV market

MEI achieved record sales in fiscal 2023, particularly in the EV market, but faced challenges with declining profitability. The company's outlook for fiscal 2025 shows potential for significant organic growth, presenting opportunities for future expansion.

Methode Electronics faces operational challenges but secures significant EV programs

Methode Electronics faced operational challenges impacting earnings, leading to a decrease in full-year sales guidance. However, the company secured significant EV programs and remains confident in addressing operational issues. The decision to discontinue the Dabir business reflects a strategic move to address scalability and expense issues.

Methode Electronics reports resilient Q3 sales growth and strategic investments

Methode Electronics demonstrated resilience with sales growth despite challenges, driven by the Industrial segment and EV market focus.
Maintained financial strength with increased free cash flow, decreased debt, and revised revenue guidance upwards.
Facing challenges in data centers and commercial vehicles, but pursuing opportunities in EVs and LED lighting solutions.
Strategic investments and commitment to organic growth targets position the company for sustainable performance.
Client takeaway: Methode Electronics shows promise in navigating challenges and leveraging opportunities for future growth.

Methode Electronics reports record sales and strong EV focus

Methode Electronics delivered solid financial performance with a focus on EV programs and cash flow generation. Despite challenges from cost increases and debt due to acquisitions, the company is strategically positioned for growth with a strong sales outlook and opportunities in key markets.

Methode Electronics faces Q1 challenges, eyes EV growth opportunities

Methode Electronics faced operational challenges impacting earnings and revised full-year guidance downward. The company is strategically focusing on EV and sensors, discontinuing non-scalable businesses. Despite challenges, there are opportunities for growth in electric vehicle programs.

Methode Electronics navigates challenges, focuses on EV programs for growth

Methode Electronics faced sales challenges in Q2 due to various factors impacting earnings. Despite operational inefficiencies and debt increase, the company is focusing on EV programs and operational improvements for future growth and positive cash flow in fiscal '25.

Methode Electronics reports Q3 loss, focuses on restoring profitability

Methode Electronics faced a challenging quarter with declining sales, operational inefficiencies, and a net loss. The company is focused on restoring profitability through cost reduction and operational effectiveness. Avi Avula's leadership priorities aim to build a sustainable future for Methode based on its current foundation.

Methode Electronics reports Q4 loss, eyes EV growth and cost efficiency

Methode Electronics faced challenges in Q4 2024 with a sales decline and operational inefficiencies, leading to a net loss, but maintained a strong cash position and reduced net debt.
The company's focus on profitability improvement, cost reduction, and debt reduction for fiscal 2025, along with positive guidance for fiscal '26, signals a strategic turnaround effort.
Despite near-term hurdles, Methode Electronics is poised for growth with opportunities in the EV market, ongoing cost-saving initiatives, and a commitment to financial stability.

Methode Electronics reports Q1 loss, eyes growth through program launches

Methode Electronics navigated challenges in Q1 2025 with a focus on program launches and EV sales growth.
Despite headwinds in key markets, the company remains optimistic about achieving profitability in fiscal 2026.
Addressing inventory issues and optimizing operations are key priorities for sustaining growth and improving financial performance.

Methode Electronics reports robust Q2 earnings amidst market challenges

Methode Electronics delivered strong Q2 results driven by Power Products and cost efficiencies.
Despite challenges in the commercial vehicle market and a subpoena from the SEC, the company remains committed to growth and transparency.
Opportunities lie in expanding EV sales, managing debt covenants, and executing program launches for future profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Methode Electronics, Inc. (MEI) CEO Donald Duda on Q3 2020 Results - Earnings Call Transcript

Methode (MEI) delivered earnings and revenue surprises of 14.13% and 1.90%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

Methode (MEI) Beats Q3 Earnings and Revenue Estimates

Methode Electronics' (MEI) third-quarter fiscal 2020 results are expected to suffer due to strike at General Motors and currency rate fluctuations.

What's in Store for Methode Electronics (MEI) in Q3 Earnings?

Methode (MEI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Methode (MEI) Reports Next Week: Wall Street Expects Earnings Growth

Methode Electronics has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Methode Electronics Enters Oversold Territory

Methode Electronics: The Journey After Launch

CHICAGO, Dec.  13, 2019  (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced today the election of David Blom and Angelo Pantaleo as directors of the Company.

Methode Electronics, Inc. Adds OhioHealth Retired CEO David Blom and Marmon Chairman and CEO Angelo Pantaleo to its Board of Directors

CHICAGO, Dec.  11, 2019  (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced today that its board of directors has declared a quarterly dividend of $0.11 per share to be paid on January 31, 2020 to common stockholders of record at the close of business on January 17, 2020.

Methode Electronics’  Board Approves Dividend

Methode Electronics' (MEI) second-quarter fiscal 2020 results suffer from strike at General Motors and currency rate fluctuations.

Methode Electronics (MEI) Q2 Earnings & Sales Miss Estimates

Methode Electronics, Inc. (MEI) CEO Donald Duda on Q2 2020 Results - Earnings Call Transcript

Methode (MEI) delivered earnings and revenue surprises of 25.49% and -6.63%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

Methode (MEI) Tops Q2 Earnings Estimates

Methode (MEI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Arrow Electronics

PICO Holdings

A Vastly Growing Industry, Earnings CAGR Of 39% And Yet A P/E Of Just 10: Payton Planar

CHICAGO, Oct.  29, 2019  (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, will present at the Baird 2019 Global Industrial Conference in Chicago, IL, on Tuesday, November 5th at 10:00 a.m. Central time.

Methode Electronics to Present at the Baird 2019 Global Industrial Conference

CHICAGO, Oct.  04, 2019  (GLOBE NEWSWIRE) -- Dabir Surfaces, Inc., a subsidiary of Methode Electronics, Inc. (NYSE: MEI), focused on improving patient outcomes through the design and manufacture of an innovative solution for pressure injury prevention in immobilized patients, announced the launch of the Dabir Patient Care System, designed to provide whole body skin protection for patients receiving care outside the perioperative setting.

Dabir Surfaces Inc. Announces Launch of the Dabir Patient Care System

CHICAGO, Oct.  02, 2019  (GLOBE NEWSWIRE) -- Dabir Surfaces Inc., a subsidiary of Methode Electronics Inc. (NYSE: MEI), focused on improving patient outcomes through the design and manufacture of an innovative solution for pressure injury prevention in immobilized patients, announced a Master Product Agreement to provide Dabir alternating pressure surfaces to all affiliates of Trinity Health, a national health system based in Livonia, Michigan, which operates 93 hospitals in 22 states. Utilizing the Dabir surface throughout a health system can tremendously improve patient care, enabling better health, better care and lower costs.

Dabir Surfaces Inc. Announces Master Product Agreement with Trinity Health

Let's see if Methode Electronics, Inc. (MEI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick Methode Electronics (MEI) Stock?

CHICAGO, Sept.  13, 2019  (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, will present at D.A. Davidson's 18th Annual Industrials and Services Conference in Chicago, IL, on Wednesday, September 18 at 4:05 p.m. Central time.

Methode Electronics to Present at D.A. Davidson's 18th Annual Industrials and Services Conference

Methode Electronics, Inc. (MEI) CEO Don Duda on Q1 2020 Results - Earnings Call Transcript

Shares of Methode Electronics Inc. (NYSE:MEI) were up more than 13% on Thursday after the company released its first-quarter 2020 results before the opening bell.

Methode Electronics Rallies on Earnings and Revenue Surprise

CHICAGO, Aug.  29, 2019  (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom-engineered and application-specific products and solutions, announced financial results for the first quarter of Fiscal 2020 ended July 27, 2019.

Methode Electronics, Inc. Reports Record Sales in Fiscal 2020 First-Quarter

Methode Electronics' (MEI) fourth-quarter fiscal 2019 results suffer from weak automotive sales stemming from lower demand for passenger cars.

Methode Electronics (MEI) Q4 Earnings Lag, Sales Up Y/Y

Methode Electronics, Inc. (MEI) CEO Donald Duda on Q4 2019 Results - Earnings Call Transcript

Methode (MEI) delivered earnings and revenue surprises of -15.49% and -4.10%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?

Methode (MEI) Misses Q4 Earnings and Revenue Estimates

Methode Electronics reported fourth-quarter earnings of 62 cents per share, which missed the analyst consensus estimate of 72 cents.

News for Methode Electronics Stock (MEI)