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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
$601.60M
Shares
35.47M
All earnings calls

Earnings call · FY2024 Q3

Methode Electronics Inc Q3 FY2024 Earnings Call

Methode Electronics Inc Q3 FY2024 Earnings Call

Concluded Mar 7, 2024
Mar 7, 2024 0 turns
Period
FY2024 Q3
Runtime
Sources
1 artifact

Executive readout · one minute

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Revenue $259.50M -7.4% YoY
Diluted EPS -$0.33 -161.1% YoY
Gross margin 14.3% -8.9 pp YoY
Net income -$11.60M -158.3% YoY

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Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Automotive$139.70M -20.8% YoY
Industrial$107.10M +17.7% YoY
Interface$12.70M +5.8% YoY
Medical$0 -100% YoY
Corporate and Intersegment Elimination-$12.70M

Capital returned

Buybacks · derived
$3.00M
Shares repurchased
130,592
Dividend / share
$0.14
Full-screen source Call document