Page 4 - Methode Electronics Inc News Today

NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of Methode Electronics Inc.  .   Such investors are advised to contact Danielle Peyton at...

CHICAGO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for u...

Seasoned Electronics Industry Leader Brings More than 20 Years of Experience Driving Transformational Growth and Value Creation Initiatives to MethodeCHICAGO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Avi Avula has been appointed as Methode’s new President and Chief Executive Officer (CEO), starting on Jan...

CHICAGO, Dec. 19, 2023 -- Methode Electronics, Inc. , a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced...

Methode Electronics (NYSE:MEI – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided EPS guidance of 0.240-0.500 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. […]

Methode Electronics (NYSE:MEI – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday. Separately, Robert W. Baird decreased their price objective on shares of Methode Electronics from $38.00 to $27.00 in a research report on Friday, September 8th. Read Our Latest […]

Methode Electronics (NYSE:MEI – Get Free Report) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Friday. Separately, Robert W. Baird reduced their price objective on Methode Electronics from $38.00 to $27.00 in a research note on Friday, September 8th. Get Our Latest […]

CHICAGO — CHICAGO — Methode Electronics Inc. on Thursday reported a loss of $55.3 million in its fiscal second quarter. The Chicago-based company said it had a loss of $1.55 per share....

Goodwill Impairment and Operational Inefficiencies Impact Financials

Methode Electronics, Inc. provided earnings guidance for the third quarter of 2024. For the third quarter, the company expects net sales to be similar to the second quarter....