MEI Q4 2023 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena

MEIMethode Electronics, Inc.

$208M

Q4 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$301M+4.3% YoY

Gross Profit

$63M21.0% margin

Operating Income

$9M2.8% margin

Net Income

$8M2.7% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$38M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$626M

Stockholders' Equity

$942M

Cash & Equivalents

$157M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$301M	$289M	+4.3%
Gross Profit	$63M	$55M	+15.3%
Operating Income	$9M	$15M	-41.8%
Net Income	$8M	$16M	-50.0%