Methode Electronics Q4 net income returns to profit at $0.4 million; net sales rise 15.9% to $298.1 million year over year
Methode Electronics, Inc.
Methode Electronics, Inc. MEI | 0.00 |
- Methode Electronics fiscal Q4 net sales rose 15.9% to $298.1 million; net income swung to $0.4 million.
- Adjusted EBITDA swung to a $26.9 million profit from a loss; gross profit more than doubled to $72.2 million.
- Fiscal 2026 net sales fell 2.8% to $1.02 billion; net loss narrowed to $35.7 million.
- Adjusted EBITDA climbed 60.5% to $68.2 million; operating cash flow rose to $38 million, producing $15.6 million of free cash flow.
- Forecast fiscal 2027 net sales of $1.03-$1.08 billion; adjusted EBITDA seen at $72-$82 million, with free cash flow roughly steady.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Methode Electronics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606241600PRIMZONEFULLFEED9752130) on June 24, 2026, and is solely responsible for the information contained therein.
