About Methode Electronics, Inc. Common Stock (MEI)
Methode Electronics is a global leader in the design and manufacturing of customized electronic components and solutions. The company specializes in providing innovative products for a variety of industries, including automotive, industrial, and medical sectors. With a focus on advanced technology and engineering, Methode develops a wide range of applications such as sensors, connectors, switches, and other electronic assemblies that enhance functionality and performance in complex systems. Their commitment to quality and innovation has positioned them as a key partner for customers seeking tailored electronic solutions that meet the evolving demands of modern technology. Read More
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the electrical systems industry, including Methode Electronics (NYSE:MEI) and its peers.
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Shares of custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI)
fell 23.6% in the morning session after the company reported a wider-than-expected fourth-quarter loss and issued a disappointing financial outlook for fiscal 2026. The electronic components maker posted a fourth-quarter adjusted loss of $0.77 per share on revenue of $257.1 million. This represents a significant decline from the prior year, driven by lower volumes in its Automotive segment.
Stay up-to-date with the latest market trends in the middle of the day on Thursday. Explore the top gainers and losers during today's session in our detailed report.
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) announced better-than-expected revenue in Q1 CY2025, but sales fell by 7.3% year on year to $257.1 million. On the other hand, the company’s full-year revenue guidance of $950 million at the midpoint came in 9.1% below analysts’ estimates. Its non-GAAP loss of $0.77 per share was significantly below analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
