MEI Q4 2024 Earnings — Methode Electronics, Inc. Revenue & Financial Results | Market Cap Arena

MEIMethode Electronics, Inc.

$208M

Q4 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$277M-7.9% YoY

Gross Profit

$31M11.2% margin

Operating Income

-$62M-22.2% margin

Net Income

-$57M-20.7% margin

EPS (Diluted)

$-1.62

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$638M

Stockholders' Equity

$766M

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$277M	$301M	-7.9%
Gross Profit	$31M	$63M	-51.0%
Operating Income	-$62M	$9M	-823.5%
Net Income	-$57M	$8M	-807.4%