MEI Q1 2022 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena

MEIMethode Electronics, Inc.

$208M

Q1 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$288M+50.8% YoY

Gross Profit

$72M24.9% margin

Operating Income

$34M11.8% margin

Net Income

$29M10.1% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$6M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$525M

Stockholders' Equity

$934M

Cash & Equivalents

$208M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$288M	$191M	+50.8%
Gross Profit	$72M	$45M	+59.0%
Operating Income	$34M	$14M	+147.1%
Net Income	$29M	$21M	+40.6%