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Methode Electronics, Inc. (MEI) delivers innovative engineering solutions across automotive, industrial, and medical markets since 1946. This news hub provides investors and industry professionals with centralized access to official corporate announcements, financial disclosures, and strategic developments.
Track MEI's latest earnings reports, product launches, and partnership announcements alongside updates on sensor technologies, power distribution systems, and automotive interface innovations. Our curated collection ensures timely access to material developments affecting MEI's position in custom-engineered components markets.
Discover updates spanning MEI's core operational segments including automotive electronics, industrial interface systems, and medical device components. Content is rigorously verified to provide accurate insights into leadership changes, manufacturing expansions, and technological advancements.
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Methode Electronics, Inc. (NYSE: MEI) will release its second quarter fiscal 2022 results for the period ended October 30, 2021, on December 2, 2021, before market opening. A conference call led by CEO Donald W. Duda and CFO Ronald L. G. Tsoumas will discuss the financial highlights at 10:00 a.m. CST. Participants can join by calling 888-506-0062 or 973-528-0011. A replay will be available until December 16, 2021. Methode specializes in custom-engineered solutions for user interfaces, LED lighting, and power distribution applications across various sectors.
Methode Electronics, Inc. (NYSE: MEI) will present at the Sidoti Fall Virtual Investor Conference on September 23, 2021, at 10:45 a.m. EDT. Investors can access a live webcast via the company’s website, which will also be archived for later viewing. Methode Electronics specializes in custom-engineered solutions in user interfaces, LED lighting, and power distribution, serving various sectors including transportation, cloud computing, and medical devices. The company operates globally with facilities in North America, Europe, the Middle East, and Asia.
Methode Electronics, Inc. (NYSE: MEI) has declared a quarterly dividend of $0.14 per share, set to be paid on October 29, 2021, to stockholders on record by October 15, 2021. The company is a global supplier specializing in user interface, LED lighting, and power distribution solutions, serving diverse sectors including automotive, medical devices, and construction. With operations across North America, Europe, Middle East, and Asia, Methode Electronics focuses on delivering engineered products for OEMs across various industries.
Methode Electronics, Inc. (NYSE: MEI) reported a 51% increase in net sales to $287.8 million for Q1 Fiscal 2022, driven by electric and hybrid vehicle applications, which represented 16% of total sales. Income from operations surged 147% to $34.1 million, with a net income of $29.1 million ($0.76 per share). The company also announced a quarterly dividend increase from $0.11 to $0.14 per share and continued its share buyback program, purchasing 157,513 shares for $7.6 million. However, ongoing supply chain challenges may impact future performance.
Methode Electronics (NYSE: MEI) will release its first quarter fiscal 2022 results on September 2, 2021, before market opens. The results will cover the period ending July 31, 2021. A conference call led by President Donald W. Duda and CFO Ronald L. G. Tsoumas will take place at 10:00 a.m. CDT to discuss financial and operational highlights. Participants can join by calling 844-602-0380 (domestic) or 862-298-0970 (international). Replays will be available until September 16, 2021, via phone and the company's website.
Methode Electronics (NYSE: MEI) will present at the J.P. Morgan Virtual Auto Conference on August 12, 2021, at 4:00 p.m. EDT. The event will be accessible via a webcast on the company’s website, which will also archive the presentation for future access.
Methode Electronics specializes in custom-engineered solutions for user interfaces, LED lighting, and power distribution across various sectors, including automotive and medical devices, with a global presence in North America, Europe, the Middle East, and Asia.
Methode Electronics (NYSE: MEI) reported record net sales of $1,088 million for Fiscal 2021, reflecting a 3.7% increase excluding foreign currency impact. The fourth quarter net sales reached $301 million, with 13% from electric and hybrid vehicle applications. Net income stood at $31.1 million ($0.81 per diluted share). The company forecasts Fiscal 2022 net sales between $1,175 million and $1,235 million, and diluted EPS between $3.35 and $3.75, despite supply chain challenges. Free cash flow was a record $154.9 million.
Methode Electronics, Inc. (NYSE: MEI) has declared a quarterly dividend of $0.14 per share, reflecting a 27% increase from the previous rate. The dividend will be paid on July 30, 2021, to stockholders of record by July 16, 2021. This increase underscores the company’s commitment to a balanced capital allocation strategy. Methode Electronics is recognized for its innovative solutions across various sectors, including automotive, industrial, and medical, with operations globally in North America, Europe, the Middle East, and Asia.
Methode Electronics, Inc. (NYSE: MEI) will release its fourth quarter and full year fiscal 2021 results on June 24, 2021, before market opens. The results cover the period ending May 1, 2021. Following the release, a conference call will take place at 10:00 a.m. CDT, led by CEO Donald W. Duda and CFO Ronald L. G. Tsoumas. Participants can join via phone or webcast. The company's solutions serve diverse sectors, including transportation and medical devices, with operations across North America, Europe, Middle East, and Asia.
Methode Electronics, Inc. (NYSE: MEI) will present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 9 at 9:20 a.m. EDT. This event will showcase the company's custom-engineered solutions for user interface, LED lighting, and power distribution applications. A live webcast will be available on their Investors page and archived for later access. Methode Electronics operates globally, serving sectors such as automotive, cloud computing, and medical devices, with a focus on diverse markets.
