Methode Electronics (MEI) Tops Q3 EPS by 4c, Revenues Beat; Offers 4Q EPS/Revenue Outlook

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

March 4, 2021 7:00 AM EST

Electric and Hybrid Vehicle Application GrowthStrong Free Cash FlowSignificant Debt Reduction

CHICAGO, March 04, 2021 (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 third quarter of 2021 ended January 30, 2021.

For the fiscal third quarter ended January 30, 2021, the company's accounting period included 13 weeks compared to 14 weeks for the fiscal third quarter ended February 1, 2020. The following discussions of comparative results between these two periods... More