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MEI Q2 2024 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena
MEI
Methode Electronics, Inc.
$208M
Q2 2024 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$288M
-8.8% YoY
Gross Profit
$52M
18.2% margin
Operating Income
-$51M
-17.8% margin
Net Income
-$55M
-19.2% margin
EPS (Diluted)
$-1.55
QoQ Revenue Growth
-0.6%
Cash Flow
Operating Cash Flow
-$600,000
Free Cash Flow
-$11M
Stock-Based Comp.
$1M
Balance Sheet
Total Assets
$1.5B
Total Liabilities
$640M
Stockholders' Equity
$845M
Cash & Equivalents
$123M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$288M
$316M
-8.8%
Gross Profit
$52M
$74M
-29.4%
Operating Income
-$51M
$33M
-256.4%
Net Income
-$55M
$28M
-300.4%
Geographic Segments
North America
$136M
47%
EMEA
$93M
32%
Asia
$59M
21%
← FY 2024
All Quarters
Q3 2024 →