Brief: Methode Electronics Reports Fiscal Q2 2023 Financial Results

Methode Electronics

01/12/2022 12:12

Dec 1 (Reuters) - Methode Electronics Inc  MEI.N :
    * METHODE ELECTRONICS, INC. REPORTS FISCAL SECOND QUARTER
2023
FINANCIAL RESULTS
    * QTRLY NET SALES WERE $315.9 MILLION, UP 6.9% COMPARED TO
$295.5
MILLION IN THE SAME QUARTER OF FISCAL 2022
    * QTRLY EPS $0.75
    * FOR FISCAL YEAR 2023, CO UPDATED ITS EXPECTATIONS FOR NET
SALES
TO BE IN THE RANGE OF $1,170 TO $1,200 MILLION
    * FOR FY2023, CO UPDATED DILUTED EPS TO BE IN A RANGE OF
$2.70 TO
$2.90, REVISED FROM THE PRIOR $2.70 - $3.10

Source text for Eikon:  ID:nGNXnRjYf 
Further company coverage:  MEI.N 
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