Reports Q1 revenue $240.5M, consensus $216.98M. President and CEO Jon DeGaynor said, “The Methode transformation journey made further progress in the quarter and is firmly on track, as we continued to reduce costs and improve execution. A $9 million increase in operating income on $18 million in lower sales is clear evidence of that progress. Our data center business grew again and remains on pace for a strong year. The overall business delivered strong free cash flow for the third quarter in a row, and we have now reduced our net debt by $41 million over the last three quarters.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MEI:
- Options Volatility and Implied Earnings Moves This Week, September 08 – September 11, 2025
- Methode Electronics (MEI) Q1 Earnings Cheat Sheet
- Cautious Optimism: Methode Electronics’ Mixed Signals and Hold Rating
- Methode Electronics Awards RSUs and PSUs to Executives
- Methode Electronics Reports Fiscal 2025 Results