Methode Electronics, Inc. Reports Fiscal Third Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Methode Electronics (MEI) Tops Q3 EPS by 4c, Revenues Beat; Offers 4Q EPS/Revenue Outlook
March 4, 2021 7:10 AM ESTMethode Electronics (NYSE: MEI) reported Q3 EPS of $0.83, $0.04 better than the analyst estimate of $0.79. Revenue for the quarter came in at $295.3 million versus the consensus estimate of $277.7 million.
Fiscal Third Quarter 2021 Highlights
Net sales were $295.3 millionElectric and hybrid vehicle applications were over 12 percent of net salesNet income was $31.9 million, or $0.83 per diluted shareNet cash provided by operating activities was $87.1 millionDebt was $244.6 million, compared to $352.1 million at the... More