Methode Electronics Q1 Top-Line Misses Driven By Weaker Auto Segment
Methode Electronics, Inc (NYSE: MEI ) reported a first-quarter FY23 net sales decline of 1.9% year-on-year to $282.4 million, missing the consensus of $286.4 million. Weakness in the Automotive segment was partially offset by record sales in the Industrial segment driven by power distribution solutions and commercial … Full story available on Benzinga.com
Methode Electronics Q1 Top-Line Misses Driven By Weaker Auto Segment
Methode Electronics, Inc (NYSE: MEI ) reported a first-quarter FY23 net sales decline of 1.9% year-on-year to $282.4 million, missing the consensus of $286.4 million. Weakness in the Automotive segment was partially offset by record sales in the Industrial segment driven by power distribution solutions and commercial … Full story available on Benzinga.com