Welcome to our dedicated page for Methode Ele news (Ticker: MEI), a resource for investors and traders seeking the latest updates and insights on Methode Ele stock.
Methode Electronics, Inc. (NYSE: MEI) is described in its public communications as a global supplier of custom-engineered mechatronic solutions for user interface, lighting, power distribution and sensor applications. This news page aggregates coverage related to the company’s operations across its Automotive, Industrial and Interface segments, as well as its activity in transportation, cloud computing infrastructure, construction equipment and consumer appliance end markets.
Investors following MEI news will find regular earnings announcements, where Methode reports segment net sales, income from operations, non‑GAAP measures such as Adjusted EBITDA, Net Debt and Free Cash Flow, and commentary on factors like electric vehicle demand, program roll‑offs and transformation initiatives. Releases often discuss trends in automotive sensor and user interface products, power products for data centers, and lighting products for commercial vehicles and off‑road equipment.
News items also include dividend declarations, with the board of directors announcing quarterly cash dividends and related record and payment dates, as well as information about conference calls and webcasts where management reviews financial and operational highlights. Additional updates cover investor conference participation, leadership changes in areas such as accounting and investor relations, and governance events like the annual meeting of stockholders.
By reviewing the MEI news stream, readers can see how Methode communicates its transformation progress, cost‑reduction efforts, capital allocation decisions and risk considerations. This page can be useful for tracking how developments in automotive, commercial vehicle, electric and hybrid vehicle applications, and data center power products are reflected in the company’s public disclosures over time.
Methode Electronics (NYSE: MEI) will release its first quarter fiscal 2022 results on September 2, 2021, before market opens. The results will cover the period ending July 31, 2021. A conference call led by President Donald W. Duda and CFO Ronald L. G. Tsoumas will take place at 10:00 a.m. CDT to discuss financial and operational highlights. Participants can join by calling 844-602-0380 (domestic) or 862-298-0970 (international). Replays will be available until September 16, 2021, via phone and the company's website.
Methode Electronics (NYSE: MEI) will present at the J.P. Morgan Virtual Auto Conference on August 12, 2021, at 4:00 p.m. EDT. The event will be accessible via a webcast on the company’s website, which will also archive the presentation for future access.
Methode Electronics specializes in custom-engineered solutions for user interfaces, LED lighting, and power distribution across various sectors, including automotive and medical devices, with a global presence in North America, Europe, the Middle East, and Asia.
Methode Electronics (NYSE: MEI) reported record net sales of $1,088 million for Fiscal 2021, reflecting a 3.7% increase excluding foreign currency impact. The fourth quarter net sales reached $301 million, with 13% from electric and hybrid vehicle applications. Net income stood at $31.1 million ($0.81 per diluted share). The company forecasts Fiscal 2022 net sales between $1,175 million and $1,235 million, and diluted EPS between $3.35 and $3.75, despite supply chain challenges. Free cash flow was a record $154.9 million.
Methode Electronics, Inc. (NYSE: MEI) has declared a quarterly dividend of $0.14 per share, reflecting a 27% increase from the previous rate. The dividend will be paid on July 30, 2021, to stockholders of record by July 16, 2021. This increase underscores the company’s commitment to a balanced capital allocation strategy. Methode Electronics is recognized for its innovative solutions across various sectors, including automotive, industrial, and medical, with operations globally in North America, Europe, the Middle East, and Asia.
Methode Electronics, Inc. (NYSE: MEI) will release its fourth quarter and full year fiscal 2021 results on June 24, 2021, before market opens. The results cover the period ending May 1, 2021. Following the release, a conference call will take place at 10:00 a.m. CDT, led by CEO Donald W. Duda and CFO Ronald L. G. Tsoumas. Participants can join via phone or webcast. The company's solutions serve diverse sectors, including transportation and medical devices, with operations across North America, Europe, Middle East, and Asia.
Methode Electronics, Inc. (NYSE: MEI) will present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 9 at 9:20 a.m. EDT. This event will showcase the company's custom-engineered solutions for user interface, LED lighting, and power distribution applications. A live webcast will be available on their Investors page and archived for later access. Methode Electronics operates globally, serving sectors such as automotive, cloud computing, and medical devices, with a focus on diverse markets.
Methode Electronics, Inc. (NYSE: MEI) is set to present at the Oppenheimer 16th Annual Industrial Growth Conference on May 5, 2021, at 12:00 p.m. EDT. Interested investors can access a live webcast on the company’s website under the Investors page, which will also host an archived version post-event. Methode Electronics specializes in custom engineered products across various sectors, including automotive, industrial, and medical, with a global manufacturing presence in multiple countries.
Methode Electronics (NYSE: MEI) has authorized a new share buyback program allowing for the repurchase of up to $100 million of its outstanding common stock through March 31, 2023. Purchases will be made on the open market or through private transactions, subject to market conditions and other factors. There is no guarantee on the timing or extent of purchases. This initiative is aimed at boosting shareholder value by potentially increasing earnings per share (EPS) and demonstrates the board's confidence in the company's financial health and future prospects.
Methode Electronics, Inc. (NYSE: MEI) announced the election of Janie Goddard to its board of directors. Chairman Walter J. Aspatore expressed confidence in Goddard's extensive business experience, highlighting her leadership in strategic marketing and product development. Goddard currently serves as Divisional Chief Executive for the Medical and Environmental Sector at Halma plc, and has held significant roles at Novanta, Welch Allyn, Covidien, and Johnson & Johnson. Her addition is expected to support Methode's growth strategy.
Methode Electronics, Inc. (NYSE: MEI) has declared a quarterly dividend of $0.11 per share. This dividend will be payable on April 30, 2021, to stockholders on record as of April 16, 2021. The company specializes in custom engineered products, with operations across multiple countries including the US, Canada, and China.
With significant involvement in various sectors such as automotive, industrial, and medical, Methode continues to strengthen its market presence.