Methode: Fiscal Q4 Earnings Snapshot
By AP News
Published - Jun 22, 2023, 07:26 AM ET
Last Updated - Jun 22, 2023, 07:26 AM EDT
CHICAGO (AP) — CHICAGO (AP) — Methode Electronics Inc. (MEI) on Thursday reported profit of $8.1 million in its fiscal fourth quarter.
On a per-share basis, the Chicago-based company said it had profit of 22 cents. Earnings, adjusted for pretax gains, were 21 cents per share.
The maker of electrical components for the auto and computer industries posted revenue of $301.2 million in the period.
For the year, the company reported profit of $77.1 million, or $2.10 per share. Revenue was reported as $1.18 billion.
