Methode: Fiscal 1Q Earnings Snapshot
Aug. 30, 2018
CHICAGO (AP) _ Methode Electronics Inc. (MEI) on Thursday reported fiscal first-quarter net income of $23.7 million.
On a per-share basis, the Chicago-based company said it had profit of 63 cents.
The maker of electrical components for the auto and computer industries posted revenue of $223.4 million in the period.
Methode expects full-year earnings in the range of $2.81 to $2.96 per share, with revenue in the range of $950 million to $970 million.
Methode shares have risen 1 percent since the beginning of the year. The stock has climbed 4 percent in the last 12 months.