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MEI $17.14 +2.51%
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MEI · Methode Electronics Inc

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$17.14 +0.42 (+2.51%) At close · Aug 14
Market Cap
$607.99M
Shares
35.47M
All earnings calls

Earnings call · FY2023 Q3

Methode Electronics Inc Q3 FY2023 Earnings Call

Methode Electronics Inc Q3 FY2023 Earnings Call

Concluded Mar 9, 2023
Mar 9, 2023 0 turns
Period
FY2023 Q3
Runtime
Sources
1 artifact

Executive readout · one minute

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Revenue $280.10M -3.9% YoY
Diluted EPS $0.54 -30.8% YoY
Gross margin 23.2% -0.5 pp YoY
Net income $19.90M -32.3% YoY

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Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Automotive$176.50M -9.7% YoY
Industrial$91.00M +13.8% YoY
Interface$12.00M -21.1% YoY
Medical$600,000 -40% YoY
Corporate and Intersegment Elimination-$12.00M

Capital returned

Buybacks · derived
$8.00M
Shares repurchased
179,700
Dividend / share
$0.14
Full-screen source Call document