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) has announced a quarterly dividend of $0.14 per share, to be paid on January 28, 2022. Shareholders of record by the close of business on January 14, 2022 will receive this dividend. The company specializes in custom-engineered solutions involving user interface, LED lighting, and power distribution across various industries, including automotive and medical devices. With operations in North America, Europe, the Middle East, and Asia, Methode continues to support a range of end markets.
Methode Electronics, Inc. (NYSE: MEI) reported Q2 fiscal 2022 net sales of $295.5 million, down 1.8% year-over-year, with electric and hybrid vehicle applications hitting a record 16% of total sales. Net income decreased to $27.5 million or $0.72 per diluted share, down from $38.6 million in Q2 2021. The Automotive segment saw a 9.1% decline in sales due to semiconductor shortages, while the Industrial segment rose 18.9%. Full-year sales guidance was revised lower to $1,140-$1,160 million, with EPS guidance adjusted to $3.00-$3.20.
Methode Electronics, Inc. (NYSE: MEI) will release its second quarter fiscal 2022 results for the period ended October 30, 2021, on December 2, 2021, before market opening. A conference call led by CEO Donald W. Duda and CFO Ronald L. G. Tsoumas will discuss the financial highlights at 10:00 a.m. CST. Participants can join by calling 888-506-0062 or 973-528-0011. A replay will be available until December 16, 2021. Methode specializes in custom-engineered solutions for user interfaces, LED lighting, and power distribution applications across various sectors.
Methode Electronics, Inc. (NYSE: MEI) will present at the Sidoti Fall Virtual Investor Conference on September 23, 2021, at 10:45 a.m. EDT. Investors can access a live webcast via the company’s website, which will also be archived for later viewing. Methode Electronics specializes in custom-engineered solutions in user interfaces, LED lighting, and power distribution, serving various sectors including transportation, cloud computing, and medical devices. The company operates globally with facilities in North America, Europe, the Middle East, and Asia.
Methode Electronics, Inc. (NYSE: MEI) has declared a quarterly dividend of $0.14 per share, set to be paid on October 29, 2021, to stockholders on record by October 15, 2021. The company is a global supplier specializing in user interface, LED lighting, and power distribution solutions, serving diverse sectors including automotive, medical devices, and construction. With operations across North America, Europe, Middle East, and Asia, Methode Electronics focuses on delivering engineered products for OEMs across various industries.
Methode Electronics, Inc. (NYSE: MEI) reported a 51% increase in net sales to $287.8 million for Q1 Fiscal 2022, driven by electric and hybrid vehicle applications, which represented 16% of total sales. Income from operations surged 147% to $34.1 million, with a net income of $29.1 million ($0.76 per share). The company also announced a quarterly dividend increase from $0.11 to $0.14 per share and continued its share buyback program, purchasing 157,513 shares for $7.6 million. However, ongoing supply chain challenges may impact future performance.
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.
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