Methode Electronics, Inc. (MEI) released Loss for its third quarter of -$15.90 million
The company's bottom line totaled -$15.90 million, or -$0.45 per share. This compares with -$14.40 million, or -$0.41 per share, last year.
The company's revenue for the period fell 2.6% to $233.70 million from $239.90 million last year.
Methode Electronics, Inc. earnings at a glance (GAAP) :
-Earnings: -$15.90 Mln. vs. -$14.40 Mln. last year.-EPS: -$0.45 vs. -$0.41 last year.-Revenue: $233.70 Mln vs. $239.90 Mln last year.
The Company revised its FY26 revenue guidance to $950 million to $1 billion, Narrowing its prior outlook of $900 million to $1 billion.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.