Methode Electronics (MEI) Tops Q3 EPS by 6c, Offers Guidance

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Methode Electronics, Inc. Reports Fiscal Third Quarter 2022 Financial Results

March 3, 2022 7:00 AM EST

Record Electric and Hybrid Vehicle Application Sales$21 Million in Share BuybacksOver $100 Million in New Program Awards

CHICAGO, March 03, 2022 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the third quarter of fiscal 2022 ended January 29, 2022.

Fiscal Third Quarter 2022 Highlights

Net sales were $291.6 millionElectric and hybrid vehicle applications were a record 19... More