MEI Q3 2023 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena

MEIMethode Electronics, Inc.

$208M

Q3 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$280M-3.9% YoY

Gross Profit

$65M23.2% margin

Operating Income

$27M9.7% margin

Net Income

$20M7.1% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$43M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$486M

Stockholders' Equity

$943M

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$280M	$292M	-3.9%
Gross Profit	$65M	$69M	-6.1%
Operating Income	$27M	$30M	-8.4%
Net Income	$20M	$29M	-32.3%