MEI Q2 2022 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena

MEIMethode Electronics, Inc.

$201M

Q2 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$296M-1.8% YoY

Gross Profit

$69M23.4% margin

Operating Income

$33M11.2% margin

Net Income

$28M9.3% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$22M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$511M

Stockholders' Equity

$920M

Cash & Equivalents

$177M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$296M	$301M	-1.8%
Gross Profit	$69M	$81M	-14.4%
Operating Income	$33M	$45M	-26.2%
Net Income	$28M	$39M	-28.8%