tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Methode Electronics sees FY26 revenue $900M-$1B

Sees FY26 adjusted EBITDA $70M-$80M. The company said, “For fiscal 2026, the company expects net sales to be in a range of $900 to $1,000 million and EBITDA to be in a range of $70 to $80 million with the second half of fiscal year expected to be higher than the first half. Fiscal 2025 was a 53-week fiscal year, while fiscal 2026 is a 52-week fiscal year. This guidance is based on the current market outlook based on third party forecasts and customer projections and the current U.S. tariff policy. The guidance is subject to change due to a variety of factors including tariffs, the successful launch of multiple new programs, the ultimate take rates on EV programs, success and timing of cost recovery actions, inflation, global economic instability, supply chain disruptions, transformation and restructuring efforts, potential impairments, any acquisitions or divestitures, and legal matters.”

Elevate Your Investing Strategy:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1