Methode Electronics (MEI) Tops Q4 EPS by 3c, Revenues Beat

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Go back to Methode Electronics (MEI) Tops Q4 EPS by 3c, Revenues Beat

Methode Electronics, Inc. Reports Fiscal 2020 Fourth Quarter and Record Full Year Financial Results

June 30, 2020 7:00 AM EDT

Record Fiscal 2020 Net Sales of $1,023.9 MillionRecord Fiscal 2020 Diluted Income per Share of $3.26Record Fiscal 2020 Free Cash Flow

CHICAGO, June 30, 2020 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, today announced financial results for the fourth quarter and full year of Fiscal 2020 ended May 2, 2020.

The COVID-19 PandemicThe COVID-19 global pandemic negatively impacted our automotive and commercial vehicle businesses as many of our customers suspended their manufacturing operations. As a result, our... More