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Methode: Fiscal 4Q Earnings Snapshot

Last Updated Jun 30, 2020 at 5:30 am MDT

CHICAGO (AP) _ Methode Electronics Inc. (MEI) on Tuesday reported fiscal fourth-quarter earnings of $30.1 million.

On a per-share basis, the Chicago-based company said it had net income of 79 cents. Earnings, adjusted for non-recurring gains, came to 67 cents per share.

The maker of electrical components for the auto and computer industries posted revenue of $210.6 million in the period.

For the year, the company reported profit of $123.4 million, or $3.26 per share. Revenue was reported as $1.02 billion.

Methode shares have decreased 21% since the beginning of the year. The stock has risen 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEI at https://www.zacks.com/ap/MEI

The Associated Press