Methode Electronics (MEI) Tops Q2 EPS by 21c, Revenues Beat; Offers 3Q EPS/Revenue Guidance

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Go back to Methode Electronics (MEI) Tops Q2 EPS by 21c, Revenues Beat; Offers 3Q EPS/Revenue Guidance

Methode Electronics, Inc. Reports Fiscal Second Quarter 2021 Financial Results

December 3, 2020 7:00 AM EST

Record Sales and Income from OperationsStrong Free Cash FlowElectric and Hybrid Vehicle Application Growth

CHICAGO, Dec. 03, 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 fiscal second quarter of 2021 ended October 31, 2020.

Fiscal Second Quarter 2021 Highlights

Net sales were a record $300.8 millionElectric and hybrid vehicle applications were over 9 percent of... More