Methode Electronics (MEI) Tops Q2 EPS by 11c

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Go back to Methode Electronics (MEI) Tops Q2 EPS by 11c

Methode Electronics, Inc. Reports Fiscal Second Quarter 2023 Financial Results

December 1, 2022 7:00 AM EST

Record Sales of $316 MillionRecord Electric and Hybrid Vehicle Application SalesRecord Industrial Segment Sales of $104 Million$20 Million in Share Buybacks

CHICAGO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the second quarter of fiscal 2023 ended October 29, 2022.

Fiscal Second Quarter 2023 Highlights

Net sales were a record $315.9 million, of which electric and hybrid vehicle applications were... More